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Delhi High Court - Orders

One Mobikwik Systems Limited vs Dam Capital Advisors Limited & Ors on 26 August, 2025

Author: Amit Bansal

Bench: Amit Bansal

                          $~63
                          *         IN THE HIGH COURT OF DELHI AT NEW DELHI
                          +         O.M.P.(I) (COMM.) 321/2025 & I.A. 19782/2025
                                    ONE MOBIKWIK SYSTEMS LIMITED             .....Petitioner
                                                Through: Mr. Sumit Roy, Mr. Sidharth
                                                         Mahajan, Mr. Saurabh Taneja and
                                                         Mr. Utkarsh Mishra, Advts.

                                                                  versus

                                    DAM CAPITAL ADVISORS LIMITED &
                                    ORS.                                     .....Respondents
                                                 Through: Mr. Anuj Berry and Mr. Parimal
                                                          Kashyap, Advts. for R-1.
                                                          Mr. Subir Kumar, Adv. with Mr.
                                                          Varun Agarwal and Ms. Vaishnavi
                                                          Pawar, Advts. for R-2.
                                    CORAM:
                                    HON'BLE MR. JUSTICE AMIT BANSAL
                                                                  ORDER

% 26.08.2025

1. Pursuant to the order passed by this court on 21st August, 2025, a compliance affidavit has been filed, in terms of which a sum of Rs.40,30,81,771/- has been released to the petitioner. The affidavit further states that the disputed amount owed to the respondents no.1 and 2 is to the tune of Rs.1,53,57,093/-.

2. Counsel for the petitioner and respondent no.1 submit that the parties may be referred for mediation.

3. Accordingly, the parties are referred for mediation before the Delhi High Court Mediation and Conciliation Centre ('Mediation Centre').

4. Parties along with their respective counsel shall appear before the O.M.P.(I) (COMM.) 321/2025 Page 1 of 2 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 28/08/2025 at 22:02:51 Mediation Centre on 2nd September, 2025 at 3:00 P.M.

5. List before the Court on 21st November, 2025 to await the outcome of the mediation proceedings.

AMIT BANSAL, J AUGUST 26, 2025 rb O.M.P.(I) (COMM.) 321/2025 Page 2 of 2 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 28/08/2025 at 22:02:51