Legal Document View

Unlock Advanced Research with PRISMAI

- Know your Kanoon - Doc Gen Hub - Counter Argument - Case Predict AI - Talk with IK Doc - ...
Upgrade to Premium
[Cites 0, Cited by 0]

Delhi High Court - Orders

Final Step Developers Pvt. Ltd.Through ... vs Dlf Home Developers Private Limited & ... on 5 August, 2025

Author: Purushaindra Kumar Kaurav

Bench: Purushaindra Kumar Kaurav

                          $~O-2 to O-4
                          *         IN THE HIGH COURT OF DELHI AT NEW DELHI
                          +         ARB. A. (COMM.) 45/2023, I.A. 21860/2023, I.A. 21862/2023, I.A.
                                    1565/2025 and I.A. 18970/2025

                                    FINAL  STEP    DEVELOPERS                                          PVT.           LTD.THROUGH
                                    AUTHORIZED REPRESENTATIVE
                                                                                                             .....Petitioner
                                                                  Through:            Mr.Sandeep Sethi, Sr. Advocate,
                                                                                      Mr.Jayant Mehta, Sr. Advocate with
                                                                                      Mr.Nawab Singh Jaglan, Mr.Jatin
                                                                                      Sehgal,   Ms.Devna      Soni       and
                                                                                      Mr.Shivashish Dwivedi, Advocates.

                                                                  versus

                                    DLF HOME DEVELOPERS PRIVATE LIMITED & ORS.
                                                                               .....Respondents
                                                 Through: Mr.Pinaki Misra, Sr. Advocate,
                                                          Mr.Rajeev Virmani, Sr. Advocate
                                                          with Mr.Praveen Bahadur, Mr.Amit,
                                                          Ms.Seema, Mr.Aditya, Mr.Davesh,
                                                          Ms.Shriya and Ms.Ajita, Advocates
                                                          for DLF.
                                                          Mr.Alok Kumar, Sr. Advocate with
                                                          Mr.Karan      Mehta,       Mr.Akshay,
                                                          Mr.Aseem       and        Mr.Shivank,
                                                          Advocates for R-5.

                          O-3
                          +         O.M.P. (COMM) 450/2023, I.A. 21844/2023, I.A. 35623/2024, I.A.
                                    1506/2025 and I.A. 18966/2025

                                    FINAL STEP DEVELOPERS PVT.                                                  LTD.       THROUGH
                                    AUTHORIZED REPRESENTATIVE
                                                                                                           .....Petitioner
                                                                  Through:            Mr.Sandeep Sethi, Sr. Advocate,




This is a digitally signed order.
The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above.
The Order is downloaded from the DHC Server on 08/08/2025 at 22:52:08
                                                                                       Mr.Jayant Mehta, Sr. Advocate with
                                                                                      Mr.Nawab Singh Jaglan, Mr.Jatin
                                                                                      Sehgal,   Ms.Devna      Soni   and
                                                                                      Mr.Shivashish Dwivedi, Advocates.


                                                                  versus

                                    DLF HOME DEVELOPERS LIMITED THROUGH AUTHORIZED
                                    REPRESENTATIVE & ORS.
                                                                               .....Respondents
                                                 Through: Mr.Pinaki Misra, Sr. Advocate,
                                                          Mr.Rajeev Virmani, Sr. Advocate
                                                          with Mr.Praveen Bahadur, Mr.Amit,
                                                          Ms.Seema, Mr.Aditya, Mr.Davesh,
                                                          Ms.Shriya and Ms.Ajita, Advocates
                                                          for DLF.
                                                          Mr.Alok Kumar, Sr. Advocate, with
                                                          Mr.Karan      Mehta,       Mr.Akshay,
                                                          Mr.Aseem       and        Mr.Shivank,
                                                          Advocates for R-5.

                          O-4
                          +         O.M.P.(MISC.)(COMM.) 83/2024
                                    DLF HOME DEVELOPERS LIMITED                                                     .....Petitioner
                                                                  Through:            Mr.Sandeep Sethi, Sr. Advocate,
                                                                                      Mr.Jayant Mehta, Sr. Advocate with
                                                                                      Mr.Nawab Singh Jaglan, Mr.Jatin
                                                                                      Sehgal,   Ms.Devna      Soni   and
                                                                                      Mr.Shivashish Dwivedi, Advocates.

                                                                  versus

                                    SHIPRA ESTATES LIMITED & ORS.                                                   .....Respondents

                                                                  Through:            Mr.Pinaki Misra, Sr. Advocate,
                                                                                      Mr.Rajeev Virmani, Sr. Advocate




This is a digitally signed order.
The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above.
The Order is downloaded from the DHC Server on 08/08/2025 at 22:52:08
                                                                                       with Mr.Praveen Bahadur, Mr.Amit,
                                                                                      Ms.Seema, Mr.Aditya, Mr.Davesh,
                                                                                      Ms.Shriya and Ms.Ajita, Advocates
                                                                                      for DLF.
                                                                                      Mr.Rishi K S Gautam and
                                                                                      Mr.Tamilarasan, Advocates for IRP
                                                                                      of Shipra Estate Ltd.

                          CORAM:
                          HON'BLE MR. JUSTICE PURUSHAINDRA KUMAR KAURAV
                                                                  ORDER

% 05.08.2025

1. Though, the matters are ripe for hearing, however, two applications i.e., I.A. 18970/2025 in ARB. A. (COMM.) 45/2023 and I.A. 18966/2025 in O.M.P. (COMM) 450/2023 have been filed.

2. Mr. Sandeep Sethi, learned senior counsel appearing on behalf of the petitioners in all three aforesaid cases, prays for some time to take instructions.

3. Learned counsel who appears on behalf of respondent no. 3, Mr. Mohit Singh, in all three cases, submits that an Insolvency Resolution Professional (IRP) has been appointed in respect of respondent no. 3 and furnishes the details of the IRP, which are extracted as under:-

"DETAILS OF THE IRP OF MR. MOHIT SINGH Name: Mr. Mahesh Agrawal Registration No. IBPI/IPA-001/IP-P01995/2020-2021/13087 Address: D-13, Suvidha Apartments, Sector-13, Rohini, New Delhi-110085 Email: [email protected] This is a digitally signed order.
The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 08/08/2025 at 22:52:08 Mob: 9871324000"

4. In view of the aforesaid, on petitioners' taking necessary steps, let notice of these petitions be issued to IRP of respondent no.3 by all permissible modes, returnable on the next date of hearing.

5. List these matters for hearing on 29.10.2025.

6. Interim order(s) to continue.

PURUSHAINDRA KUMAR KAURAV, J AUGUST 5, 2025 Nc/ask This is a digitally signed order.

The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 08/08/2025 at 22:52:08