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Delhi High Court - Orders

Twenty Five South Realty Ltd vs Dlf Limited & Ors on 29 November, 2023

Author: Yashwant Varma

Bench: Yashwant Varma

                             $~3-8
                             *     IN THE HIGH COURT OF DELHI AT NEW DELHI
                             +         FAO(OS) (COMM) 218/2023 & CM APPL. 53276/2023
                                       (Stay), CM APPL. 53277/2023 (Leave to Appeal)

                                       TWENTY FIVE SOUTH REALTY LTD       ..... Appellant
                                                    Through: Mr. Karan Bharihoke & Ms.
                                                             Akanksha Kaul, Advs.

                                                                            versus

                                       DLF LIMITED                          & ORS.                                ..... Respondents
                                                                            Through:                 Mr. Rajiv Nayar & Mr. Darpan
                                                                                                     Wadhwa, Sr. Advs. with Ms.
                                                                                                     Ruby Singh Ahuja, Mr. Vishal
                                                                                                     Gehrana, Mr. Kartik Nayar, Mr.
                                                                                                     Ishan Gaur, Ms. Kanika
                                                                                                     Gamber & Ms. Megha Dagar,
                                                                                                     Advs. for R-1.
                                                                                                     Mr. Akhil Sibal, Sr. Adv. with
                                                                                                     Ms. Shalaka Patil, Ms. Srishti
                                                                                                     Khare & Ms. Paulomi Mehta,
                                                                                                     Advs. for R-2.
                                                                                                     Mr. Parag Tripathi & Mr.
                                                                                                     Dayan Krishnan, Sr. Advs. with
                                                                                                     Mr. Vijay Nair, Mr. Rajat
                                                                                                     Joneja, Mr. Arpit Dwivedi, Ms.
                                                                                                     Sakshi Kapoor, Mr. Anmol
                                                                                                     Kumar & Ms. Vasundhara
                                                                                                     Bhakru, Advs. for R-3.
                                                                                                     Mr. Saurabh Kirpal, Sr. Adv.
                                                                                                     with Ms. Pooja M. Saigal, Mr.
                                                                                                     Nikhil Sabri, Ms. Khushbu Ch.,
                                                                                                     Mr. Nipun Gupta & Mr. Ihank
                                                                                                     Jha, Advs. for R-4.
                                                                                                     Mr. Arun Kathpalia, Sr. Adv.
                                                                                                     with Mr. Prateek Seksaria, Mr.
                                                                                                     Nirav Shah, Ms. Shivani
                                                                                                     Khanwilkar,        Ms.    Aneesa
                                                                                                     Cheema,          Ms.      Ayushi
                                                                                                     Anandpara, Mr. Varun Kalra &


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 02/12/2023 at 21:26:12
                                                                                                      Mr. Krishan Kumar, Advs. for
                                                                                                     R-5.
                                                                                                     Mr. Sandeep Sethi, Sr. Adv.
                                                                                                     with Ms. Kanika Agnihotri, Mr.
                                                                                                     Jasmeet Singh, Mr. Mahinder
                                                                                                     Singh Hura, Mr. Divjot Singh
                                                                                                     Bhatia, Mr. Saif Ali, Mr.
                                                                                                     Pushpendra S. Bhadoria, Ms.
                                                                                                     Ruhsheet Saluja, Mr. Amit
                                                                                                     Mishra, Mr. Vijay Sharma &
                                                                                                     Mr. Arshad Malik, Advs. for R-
                                                                                                     6.

                             4
                             +         FAO(OS) (COMM) 219/2023& CM APPL. 53279/2023 (Stay),
                                       CM APPL. 53280/2023 (Leave to Appeal)

                                       TWENTY FIVE SOUTH REALTY LTD        ..... Appellant
                                                    Through: Mr. Karan Bharihoke & Ms.
                                                             Akanksha Kaul, Advs.

                                                                            versus

                                       CHINSHA PROPERTY PRIVATE LIMITED
                                       & ORS.                            ..... Respondents
                                                    Through: Mr. Sandeep Sethi, Sr. Adv.
                                                             with Ms. Kanika Agnihotri, Mr.
                                                             Jasmeet Singh, Mr. Mahinder
                                                             Singh Hura, Mr. Divjot Singh
                                                             Bhatia, Mr. Saif Ali, Mr.
                                                             Pushpendra S. Bhadoria, Ms.
                                                             Ruhsheet Saluja, Mr. Amit
                                                             Mishra, Mr. Vijay Sharma &
                                                             Mr. Arshad Malik, Advs. for R-
                                                             1.
                                                             Mr. Ashish Kumar Singh, Mr.
                                                             Amit K. Singh, Mr. Rishabh
                                                             Sharma, Ms. Muskan Malhotra,
                                                             Mr. Palak Tyagi & Mr. Ritvik
                                                             Bhardwaj, Advs. for R-2.
                                                             Mr. Parag Tripathi & Mr.



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 02/12/2023 at 21:26:12
                                                                                                      Dayan Krishnan, Sr. Advs. with
                                                                                                     Mr. Vijay Nair, Mr. Rajat
                                                                                                     Joneja, Mr. Arpit Dwivedi, Ms.
                                                                                                     Sakshi Kapoor, Mr. Anmol
                                                                                                     Kumar & Ms. Vasundhara
                                                                                                     Bhakru, Advs. for R-3.
                                                                                                     Mr. Saurabh Kirpal, Sr. Adv.
                                                                                                     with Ms. Pooja M. Saigal, Mr.
                                                                                                     Nikhil Sabri, Ms. Khushbu Ch.,
                                                                                                     Mr. Nipun Gupta & Mr. Ihank
                                                                                                     Jha, Advs. for R-4.
                                                                                                     Mr. Arun Kathpalia, Sr. Adv.
                                                                                                     with Mr. Prateek Seksaria, Mr.
                                                                                                     Nirav Shah, Ms. Shivani
                                                                                                     Khanwilkar,      Ms.   Aneesa
                                                                                                     Cheema,        Ms.     Ayushi
                                                                                                     Anandpara, Mr. Varun Kalra &
                                                                                                     Mr. Krishan Kumar, Advs. for
                                                                                                     R-5.
                                                                                                     Mr. Rajiv Nayar & Mr. Darpan
                                                                                                     Wadhwa, Sr. Advs. with Ms.
                                                                                                     Ruby Singh Ahuja, Mr. Vishal
                                                                                                     Gehrana, Mr. Kartik Nayar, Mr.
                                                                                                     Ishan Gaur, Ms. Kanika
                                                                                                     Gamber & Ms. Megha Dagar,
                                                                                                     Advs. for R-6.

                             5
                             +         FAO(OS) (COMM) 220/2023
                                       OMKARA                       ASSET                RECONSTRUCTION                   COMPANY
                                       LIMITED                                                                       ..... Appellant
                                                                            Through:                 Mr. Parag Tripathi & Mr.
                                                                                                     Dayan Krishnan, Sr. Advs. with
                                                                                                     Mr. Vijay Nair, Mr. Rajat
                                                                                                     Joneja, Mr. Arpit Dwivedi, Ms.
                                                                                                     Sakshi Kapoor, Mr. Anmol
                                                                                                     Kumar & Ms. Vasundhara
                                                                                                     Bhakru, Advs.

                                                                            versus



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 02/12/2023 at 21:26:13
                                        CHINSHA PROPERTY PRIVATE LIMITED
                                       & ORS.                               ..... Respondents
                                                    Through: Mr. Sandeep Sethi, Sr. Adv.
                                                             with Ms. Kanika Agnihotri, Mr.
                                                             Jasmeet Singh, Mr. Mahinder
                                                             Singh Hura, Mr. Divjot Singh
                                                             Bhatia, Mr. Saif Ali, Mr.
                                                             Pushpendra S. Bhadoria, Ms.
                                                             Ruhsheet Saluja, Mr. Amit
                                                             Mishra, Mr. Vijay Sharma &
                                                             Mr. Arshad Malik, Advs. for R-
                                                             1.
                                                             Mr. Rajiv Nayar & Mr. Darpan
                                                             Wadhwa, Sr. Advs. with Ms.
                                                             Ruby Singh Ahuja, Mr. Vishal
                                                             Gehrana, Mr. Kartik Nayar, Mr.
                                                             Ishan Gaur, Ms. Kanika
                                                             Gamber & Ms. Megha Dagar,
                                                             Advs. for R-2.
                                                             Mr. Saurabh Kirpal, Sr. Adv.
                                                             with Ms. Pooja M. Saigal, Mr.
                                                             Nikhil Sabri, Ms. Khushbu Ch.,
                                                             Mr. Nipun Gupta & Mr. Ihank
                                                             Jha, Advs. for R-3.
                                                             Mr. Ashish Kumar Singh, Mr.
                                                             Amit K. Singh, Mr. Rishabh
                                                             Sharma, Ms. Muskan Malhotra,
                                                             Mr. Palak Tyagi & Mr. Ritvik
                                                             Bhardwaj, Advs. for R-4.
                                                             Mr. Arun Kathpalia, Sr. Adv.
                                                             with Mr. Prateek Seksaria, Mr.
                                                             Nirav Shah, Ms. Shivani
                                                             Khanwilkar,      Ms.      Aneesa
                                                             Cheema,        Ms.        Ayushi
                                                             Anandpara, Mr. Varun Kalra &
                                                             Mr. Krishan Kumar, Advs. for
                                                             R-5.

                             6
                             +         FAO(OS) (COMM) 221/2023
                                       OMKARA                       ASSET                RECONSTRUCTION                    COMPANY


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 02/12/2023 at 21:26:13
                                        LIMITED                                                                       ..... Appellant
                                                                            Through:                 Mr. Parag Tripathi & Mr.
                                                                                                     Dayan Krishnan, Sr. Advs. with
                                                                                                     Mr. Vijay Nair, Mr. Rajat
                                                                                                     Joneja, Mr. Arpit Dwivedi, Ms.
                                                                                                     Sakshi Kapoor, Mr. Anmol
                                                                                                     Kumar & Ms. Vasundhara
                                                                                                     Bhakru, Advs.

                                                                            versus

                                       DLF LIMITED & ORS.                                                           ..... Respondents
                                                     Through:                                        Mr. Rajiv Nayar & Mr. Darpan
                                                                                                     Wadhwa, Sr. Advs. with Ms.
                                                                                                     Ruby Singh Ahuja, Mr. Vishal
                                                                                                     Gehrana, Mr. Kartik Nayar, Mr.
                                                                                                     Ishan Gaur, Ms. Kanika
                                                                                                     Gamber & Ms. Megha Dagar,
                                                                                                     Advs. for R-1.
                                                                                                     Mr. Sandeep Sethi, Sr. Adv.
                                                                                                     with Ms. Kanika Agnihotri, Mr.
                                                                                                     Jasmeet Singh, Mr. Mahinder
                                                                                                     Singh Hura, Mr. Divjot Singh
                                                                                                     Bhatia, Mr. Saif Ali, Mr.
                                                                                                     Pushpendra S. Bhadoria, Ms.
                                                                                                     Ruhsheet Saluja, Mr. Amit
                                                                                                     Mishra, Mr. Vijay Sharma &
                                                                                                     Mr. Arshad Malik, Advs. for R-
                                                                                                     2.
                                                                                                     Mr. Saurabh Kirpal, Sr. Adv.
                                                                                                     with Ms. Pooja M. Saigal, Mr.
                                                                                                     Nikhil Sabri, Ms. Khushbu Ch.,
                                                                                                     Mr. Nipun Gupta & Mr. Ihank
                                                                                                     Jha, Advs. for R-3.
                                                                                                     Mr. Akhil Sibal, Sr. Adv. with
                                                                                                     Ms. Shalaka Patil, Ms. Srishti
                                                                                                     Khare & Ms. Paulomi Mehta,
                                                                                                     Advs. for R-4.
                                                                                                     Mr. Arun Kathpalia, Sr. Adv.
                                                                                                     with Mr. Prateek Seksaria, Mr.
                                                                                                     Nirav Shah, Ms. Shivani



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 02/12/2023 at 21:26:13
                                                                                                      Khanwilkar,    Ms.    Aneesa
                                                                                                     Cheema,      Ms.      Ayushi
                                                                                                     Anandpara, Mr. Varun Kalra &
                                                                                                     Mr. Krishan Kumar, Advs. for
                                                                                                     R-5.

                             7
                             +         FAO(OS) (COMM) 227/2023 & CM APPL. 54243/2023
                                       (Lengthy Synopsis & List Of Dates)

                                       PNB HOUSING FINANCE LIMITED            ..... Appellant
                                                     Through: Mr. Akhil Sibal, Sr. Adv. with
                                                              Ms. Shalaka Patil, Ms. Srishti
                                                              Khare & Ms. Paulomi Mehta,
                                                              Advs.

                                                                            versus

                                       DLF LIMITED & ORS.                                                        ..... Respondents
                                                     Through:                                        Mr. Rajiv Nayar & Mr. Darpan
                                                                                                     Wadhwa, Sr. Advs. with Ms.
                                                                                                     Ruby Singh Ahuja, Mr. Vishal
                                                                                                     Gehrana, Mr. Kartik Nayar, Mr.
                                                                                                     Ishan Gaur, Ms. Kanika
                                                                                                     Gamber & Ms. Megha Dagar,
                                                                                                     Advs. for R-1.
                                                                                                     Mr. Sandeep Sethi, Sr. Adv.
                                                                                                     with Ms. Kanika Agnihotri, Mr.
                                                                                                     Jasmeet Singh, Mr. Mahinder
                                                                                                     Singh Hura, Mr. Divjot Singh
                                                                                                     Bhatia, Mr. Saif Ali, Mr.
                                                                                                     Pushpendra S. Bhadoria, Ms.
                                                                                                     Ruhsheet Saluja, Mr. Amit
                                                                                                     Mishra, Mr. Vijay Sharma &
                                                                                                     Mr. Arshad Malik, Advs. for R-
                                                                                                     2.
                                                                                                     Mr. Arun Kathpalia, Sr. Adv.
                                                                                                     with Mr. Prateek Seksaria, Mr.
                                                                                                     Nirav Shah, Ms. Shivani
                                                                                                     Khanwilkar,       Ms.    Aneesa
                                                                                                     Cheema,         Ms.      Ayushi


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 02/12/2023 at 21:26:13
                                                                                                      Anandpara, Mr. Varun Kalra &
                                                                                                     Mr. Krishan Kumar, Advs. for
                                                                                                     R-3.
                                                                                                     Mr. Saurabh Kirpal, Sr. Adv.
                                                                                                     with Ms. Pooja M. Saigal, Mr.
                                                                                                     Nikhil Sabri, Ms. Khushbu Ch.,
                                                                                                     Mr. Nipun Gupta & Mr. Ihank
                                                                                                     Jha, Advs. for R-4.
                                                                                                     Mr. Parag Tripathi & Mr.
                                                                                                     Dayan Krishnan, Sr. Advs. with
                                                                                                     Mr. Vijay Nair, Mr. Rajat
                                                                                                     Joneja, Mr. Arpit Dwivedi, Ms.
                                                                                                     Sakshi Kapoor, Mr. Anmol
                                                                                                     Kumar & Ms. Vasundhara
                                                                                                     Bhakru, Advs. for R-5.

                             8
                             +         FAO(OS) (COMM) 249/2023 & CM APPL. 58600/2023
                                       (Lengthy Synopsis & List Of Dates)

                                       PNB HOUSING FINANCE LIMITED          ..... Appellant
                                                     Through: Mr. Ashish Kumar Singh, Mr.
                                                              Amit K. Singh, Mr. Rishabh
                                                              Sharma, Ms. Muskan Malhotra,
                                                              Mr. Palak Tyagi & Mr. Ritvik
                                                              Bhardwaj, Advs.

                                                                            versus

                                       CHINSHA PROERERTY PRIVATE LIMITED
                                       & ORS.                           ..... Respondents
                                                    Through: Mr. Sandeep Sethi, Sr. Adv.
                                                             with Ms. Kanika Agnihotri, Mr.
                                                             Jasmeet Singh, Mr. Mahinder
                                                             Singh Hura, Mr. Divjot Singh
                                                             Bhatia, Mr. Saif Ali, Mr.
                                                             Pushpendra S. Bhadoria, Ms.
                                                             Ruhsheet Saluja, Mr. Amit
                                                             Mishra, Mr. Vijay Sharma &
                                                             Mr. Arshad Malik, Advs. for R-
                                                             1.


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 02/12/2023 at 21:26:13
                                                                                                      Mr. Rajiv Nayar & Mr. Darpan
                                                                                                     Wadhwa, Sr. Advs. with Ms.
                                                                                                     Ruby Singh Ahuja, Mr. Vishal
                                                                                                     Gehrana, Mr. Kartik Nayar, Mr.
                                                                                                     Ishan Gaur, Ms. Kanika
                                                                                                     Gamber & Ms. Megha Dagar,
                                                                                                     Advs. for R-2.
                                                                                                     Mr. Arun Kathpalia, Sr. Adv.
                                                                                                     with Mr. Prateek Seksaria, Mr.
                                                                                                     Nirav Shah, Ms. Shivani
                                                                                                     Khanwilkar,      Ms.   Aneesa
                                                                                                     Cheema,        Ms.     Ayushi
                                                                                                     Anandpara, Mr. Varun Kalra &
                                                                                                     Mr. Krishan Kumar, Advs. for
                                                                                                     R-3.
                                                                                                     Mr. Saurabh Kirpal, Sr. Adv.
                                                                                                     with Ms. Pooja M. Saigal, Mr.
                                                                                                     Nikhil Sabri, Ms. Khushbu Ch.,
                                                                                                     Mr. Nipun Gupta & Mr. Ihank
                                                                                                     Jha, Advs. for R-4.
                                                                                                     Mr. Parag Tripathi & Mr.
                                                                                                     Dayan Krishnan, Sr. Advs. with
                                                                                                     Mr. Vijay Nair, Mr. Rajat
                                                                                                     Joneja, Mr. Arpit Dwivedi, Ms.
                                                                                                     Sakshi Kapoor, Mr. Anmol
                                                                                                     Kumar & Ms. Vasundhara
                                                                                                     Bhakru, Advs. for R-5.
                                       CORAM:
                                       HON'BLE MR. JUSTICE YASHWANT VARMA
                                       HON'BLE MR. JUSTICE RAVINDER DUDEJA
                                                                            ORDER

% 29.11.2023 The record would reflect that we are yet to formally issue notice on these appeals. Consequently let notice issue to the respondents. The noticed respondents shall file their replies within a period of four weeks from today. The petitioner shall have a week thereafter to file a rejoinder affidavit.

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 02/12/2023 at 21:26:13 Let these appeals be put down for final disposal on 10.01.2024 in the category of "End of Board" matters.

YASHWANT VARMA, J.

RAVINDER DUDEJA, J.

NOVEMBER 29, 2023/kk 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 02/12/2023 at 21:26:14