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Delhi High Court - Orders

Indiabulls Housing Finance Ltd vs Shipra Hotels Ltd. & Ors on 29 April, 2021

Author: Vipin Sanghi

Bench: Vipin Sanghi, Rekha Palli

                          $~7 to 10 (Common Order)

                          *    IN THE HIGH COURT OF DELHI AT NEW DELHI

                          +    FAO(OS) (COMM) 71/2021 & CM APPL.15554/2021
                               CM APPL.15555/2021, CM APPL.15556/2021,
                               CM APPL. 15557/2021, CM APPL.15558/2021

                               INDIABULLS HOUSING FINANCE LTD.         ..... Appellant
                                            Through: Mr. Sandeep Sethi, Sr. Adv with Mr.
                                                     Rishi Agarwala, Mr. Karan Luthra,
                                                     Mr. Ankit Banati, Advocates.

                                                versus

                               SHIPRA HOTELS LTD. & ORS.                ..... Respondent
                                            Through: Mr. Vivek Chib, Sr Adv along with
                                                      Ms. Gauri Rishi, Adv, Ms. Srishti
                                                      Juneja, Adv and Mr. Sanampreet
                                                      Singh, Adv - for the Respondent No.
                                                      1

                          +    FAO(OS) (COMM) 72/2021 & CM APPL. 15559/2021
                               CM APPL. 15560/2021, CM APPL. 15561/2021
                               CM APPL. 15562/2021

                               INDIABULLS HOUSING FINANCE LIMITED ..... Appellant
                                            Through: Mr. Rajiv Nayar, Sr. Advocate with
                                                     Mr. Manish Jha, Mr. Vishrutyi Sahni,
                                                     Mr. Saurabh Seth, Advocates.

                                                versus

                               KADAM DEVELOPERS PRIVATE LIMITED & ORS.
                                                                     ..... Respondent
                                           Through: Mr. Vivek Chib, Sr Adv along with
                                                    Ms. Gauri Rishi, Adv, Ms. Srishti
                                                    Juneja, Adv and Mr. Sanampreet


Signature Not Verified
Signed By:GARIMA MADAN
Location:
Signing Date:30.04.2021
16:27:38
                                                         Singh, Adv - for the Respondent No.
                                                        1


                          +   FAO(OS) (COMM) 73/2021 & CM APPL. 15563/2021
                              CM APPL. 15564/2021, CM APPL. 15565/2021
                              CM APPL. 15566/2021

                              INDIABULLS HOUSING FINANCE LIMITED ..... Appellant
                                           Through: Mr. Rajiv Nayar, Sr. Advocate with
                                                    Mr. Manish Jha, Mr. Vishrutyi Sahni,
                                                    Mr. Saurabh Seth, Advocates.

                                           versus
                              SHIPRA LEASING PRIVATE LIMITED & ORS. ..... Respondent
                                           Through: Mr. Manav Gupta, Adv Mr. Sahil
                                                     Garg, Adv, Ms. Esha Dutta, Adv, Ms.
                                                     Srishti Juneja, Adv and Mr.
                                                     Sanampreet Singh, Adv - for the
                                                     Respondent No. 1


                          +   FAO(OS) (COMM) 74/2021 & CM APPL. 15567/2021
                              CM APPL. 15568/2021, CM APPL. 15569/2021,
                              CM APPL. 15570/2021, CM APPL. 15571/2021

                              INDIABULLS HOUSING FINANCE LTD.         ..... Appellant
                                           Through: Mr. Sandeep Sethi, Sr. Adv with Mr.
                                                    Rishi Agarwala, Mr. Karan Luthra,
                                                    Mr. Ankit Banati, Advocates.
                                           versus

                              SHIPRA ESTATE LIMITED & ORS.            ..... Respondent
                                            Through: Mr. Manav Gupta, Adv Mr. Sahil
                                                     Garg, Adv, Ms. Esha Dutta, Adv, Ms.
                                                     Srishti Juneja, Adv and Mr.
                                                     Sanampreet Singh, Adv - for the
                                                     Respondent No. 1


Signature Not Verified
Signed By:GARIMA MADAN
Location:
Signing Date:30.04.2021
16:27:38
                                 CORAM:
                                HON'BLE MR. JUSTICE VIPIN SANGHI
                                HON'BLE MS. JUSTICE REKHA PALLI
                                              ORDER

% 29.04.2021 After some arguments, learned senior counsel state that they withdraw the present appeals and will pursue their submissions and contentions in appropriate proceedings.

We are informed that the appellants have already preferred Special Leave Petitions against the appointment of the sole arbitrator by the learned Single Judge in proceedings under Section 11 of the Arbitration and Conciliation Act, 1996.

Accordingly, the present appeals, along with the pending applications, are dismissed as withdrawn in view of the aforesaid statement.

VIPIN SANGHI, J REKHA PALLI, J APRIL 29, 2021/n Signature Not Verified Signed By:GARIMA MADAN Location: Signing Date:30.04.2021 16:27:38