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Delhi High Court - Orders

Pnb Housing Finance Limited vs Chinsha Proererty Private Limited & Ors on 9 November, 2023

Author: Yashwant Varma

Bench: Yashwant Varma

                             $~52, 2 to 6
                             *     IN THE HIGH COURT OF DELHI AT NEW DELHI
                             +     FAO(OS) (COMM) 249/2023
                                   PNB HOUSING FINANCE LIMITED             ..... Appellant
                                                 Through: Mr. Akhil Sibal, Senior
                                                           Advocate with Mr. Ashish K.
                                                           Singh, Mr. Rishabh Sharma,
                                                           Ms. Muskan Malhotra, Ms.
                                                           Palak Tyagi, Advocates.
                                                 versus
                                   CHINSHA PROERERTY PRIVATE LIMITED
                                   & ORS.                              ..... Respondents
                                                 Through: Mr. Sandeep Sethi, Senior
                                                           Advocate with Ms. Kanika
                                                           Agnihotri, Mr. Jasmeet Singh,
                                                           Mr. Mahinder Singh Hura, Mr.
                                                           Divjot Singh Bhatia, Mr. Saif
                                                           Ali, Mr. Pushpendra S.
                                                           Bhadoriya, Ms. Rusheet Saluja,
                                                           Mr. Vijay Sharma, Mr. Arshad
                                                           Malik and Mr. Amit Mishra,
                                                           Advocates for R-1.
                                                           Mr. Arun Kathpalia, Senior
                                                           Advocate with Mr. Sajit
                                                           Suvarna, Mr. Nirav Shah, Mr.
                                                           Varun Kalra, Ms. Ayushi
                                                           Anandpara,        Ms.      Aneesa
                                                           Cheema,        Ms.        Shivani
                                                           Khanwilkar and Mr. Krishan
                                                           Kumar, Advocates for R-3.
                                                           Ms. Pooja M. Saigal, Mr. Nipun
                                                           Gupta, Advocates for R-4.
                                                           Mr. Rajiv Nayar, Senior
                                                           Advocate with Ms. Ruby Singh
                                                           Ahuja, Mr. Kartik Nagar, Mr.
                                                           Pravin Bahadur, Mr. Ishan, Mr.
                                                           Saurav Kumar, Ms. Maujira
                                                           Das Gupta and Ms. Kanika
                                                           Goombar, Advocates for DLF
                                                           Ltd.
                                                           Mr. Parag Tripathi, Senior



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 11/11/2023 at 05:38:31
                                                                                                      Advocate with Mr. Dayan
                                                                                                     Krishnan, Senior Advocate with
                                                                                                     Mr. Vijay Nair, Mr. Rajat
                                                                                                     Joneja, Mr. Arpit Dwivedi,
                                                                                                     Advocates for R-5.
                             2.
                             +         FAO(OS) (COMM) 218/2023
                                       TWENTY FIVE SOUTH REALTY LTD             ..... Appellant
                                                     Through: Mr.        Karan         Bharihoke,
                                                               Advocate.
                                                     versus
                                       DLF LIMITED & ORS.                   ..... Respondents
                                                     Through: Mr. Mukul Rohatgi, Mr. Akhil
                                                               Sibal, Sr. Advs. with Mr. Nitesh
                                                               Jain, Ms. Paulomi Mehta and
                                                               Ms. Srishti Khare, Advocates.
                                                               for R-2.
                                                               Mr. Parag Tripathi, Senior
                                                               Advocate with Mr. Dayan
                                                               Krishnan, Senior Advocate with
                                                               Mr. Vijay Nair, Mr. Rajat
                                                               Joneja, Mr. Arpit Dwivedi,
                                                               Advocates for R-3.
                                                               Ms. Pooja M. Saigal, Mr. Nipun
                                                               Gupta, Advocates for R-4.
                                                               Mr. Arun Kathpalia, Senior
                                                               Advocate with Mr. Sajit
                                                               Suvarna, Mr. Nirav Shah, Mr.
                                                               Varun Kalra, Ms. Ayushi
                                                               Anandpara,        Ms.      Aneesa
                                                               Cheema,        Ms.         Shivani
                                                               Khanwilkar and Mr. Krishan
                                                               Kumar, Advocates for R-5.
                                                               Mr. Sandeep Sethi, Senior
                                                               Advocate with Ms. Kanika
                                                               Agnihotri, Mr. Jasmeet Singh,
                                                               Mr. Mahinder Singh Hura, Mr.
                                                               Divjot Singh Bhatia, Mr. Saif
                                                               Ali, Mr. Pushpendra S.
                                                               Bhadoriya, Ms. Rusheet Saluja,
                                                               Mr. Vijay Sharma, Mr. Arshad



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 11/11/2023 at 05:38:31
                                                                                                      Malik and Mr. Amit Mishra,
                                                                                                     Advocates for R-6.
                                                                                                     Mr. Rajiv Nayar, Senior
                                                                                                     Advocate with Ms. Ruby Singh
                                                                                                     Ahuja, Mr. Kartik Nagar, Mr.
                                                                                                     Pravin Bahadur, Mr. Ishan, Mr.
                                                                                                     Saurav Kumar, Ms. Maujira
                                                                                                     Das Gupta and Ms. Kanika
                                                                                                     Goombar, Advocates for DLF
                                                                                                     Ltd.

                             3.
                             +         FAO(OS) (COMM) 219/2023
                                       TWENTY FIVE SOUTH REALTY LTD         ..... Appellant
                                                    Through: Mr.       Karan       Bharihoke,
                                                               Advocate.

                                                                            Versus

                                       CHINSHA PROPERTY PRIVATE LIMITED
                                       & ORS.                             ..... Respondents
                                                    Through: Mr. Sandeep Sethi, Senior
                                                             Advocate with Ms. Kanika
                                                             Agnihotri, Mr. Jasmeet Singh,
                                                             Mr. Mahinder Singh Hura, Mr.
                                                             Divjot Singh Bhatia, Mr. Saif
                                                             Ali, Mr. Pushpendra S.
                                                             Bhadoriya, Ms. Rusheet Saluja,
                                                             Mr. Vijay Sharma, Mr. Arshad
                                                             Malik and Mr. Amit Mishra,
                                                             Advocates for R-1.
                                                             Mr. Parag Tripathi, Senior
                                                             Advocate with Mr. Dayan
                                                             Krishnan, Senior Advocate with
                                                             Mr. Vijay Nair, Mr. Rajat
                                                             Joneja, Mr. Arpit Dwivedi,
                                                             Advocates for R-3.
                                                             Ms. Pooja M. Saigal, Mr. Nipun
                                                             Gupta, Advocates for R-4.
                                                             Mr. Arun Kathpalia, Senior
                                                             Advocate with Mr. Sajit



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 11/11/2023 at 05:38:31
                                                                                                      Suvarna, Mr. Nirav Shah, Mr.
                                                                                                     Varun Kalra, Ms. Ayushi
                                                                                                     Anandpara,     Ms.     Aneesa
                                                                                                     Cheema,      Ms.       Shivani
                                                                                                     Khanwilkar and Mr. Krishan
                                                                                                     Kumar, Advocates for R-5.
                                                                                                     Mr. Rajiv Nayar, Senior
                                                                                                     Advocate with Ms. Ruby Singh
                                                                                                     Ahuja, Mr. Kartik Nagar, Mr.
                                                                                                     Pravin Bahadur, Mr. Ishan, Mr.
                                                                                                     Saurav Kumar, Ms. Maujira
                                                                                                     Das Gupta and Ms. Kanika
                                                                                                     Goombar, Advocates for DLF
                                                                                                     Ltd.

                             4.
                             +         FAO(OS) (COMM) 220/2023
                                       OMKARA ASSET RECONSTRUCTION COMPANY
                                       LIMITED                                  ..... Appellant
                                                    Through: Mr. Parag Tripathi, Senior
                                                               Advocate with Mr. Dayan
                                                               Krishnan, Senior Advocate with
                                                               Mr. Vijay Nair, Mr. Rajat
                                                               Joneja, Mr. Arpit Dwivedi,
                                                               Advocates.
                                                    versus
                                       CHINSHA PROPERTY PRIVATE LIMITED
                                       & ORS.                              ..... Respondents
                                                    Through: Mr. Sandeep Sethi, Senior
                                                               Advocate with Ms. Kanika
                                                               Agnihotri, Mr. Jasmeet Singh,
                                                               Mr. Mahinder Singh Hura, Mr.
                                                               Divjot Singh Bhatia, Mr. Saif
                                                               Ali, Mr. Pushpendra S.
                                                               Bhadoriya, Ms. Rusheet Saluja,
                                                               Mr. Vijay Sharma, Mr. Arshad
                                                               Malik and Mr. Amit Mishra,
                                                               Advocates for R-1.
                                                               Ms. Pooja M. Saigal, Mr. Nipun
                                                               Gupta, Advocates for R-3.
                                                               Mr. Arun Kathpalia, Senior



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 11/11/2023 at 05:38:31
                                                                                                      Advocate with Mr. Sajit
                                                                                                     Suvarna, Mr. Nirav Shah, Mr.
                                                                                                     Varun Kalra, Ms. Ayushi
                                                                                                     Anandpara,     Ms.     Aneesa
                                                                                                     Cheema,      Ms.       Shivani
                                                                                                     Khanwilkar and Mr. Krishan
                                                                                                     Kumar, Advocates for R-5.
                                                                                                     Mr. Rajiv Nayar, Senior
                                                                                                     Advocate with Ms. Ruby Singh
                                                                                                     Ahuja, Mr. Kartik Nagar, Mr.
                                                                                                     Pravin Bahadur, Mr. Ishan, Mr.
                                                                                                     Saurav Kumar, Ms. Maujira
                                                                                                     Das Gupta and Ms. Kanika
                                                                                                     Goombar, Advocates for DLF
                                                                                                     Ltd.

                             5.
                             +         FAO(OS) (COMM) 221/2023
                                       OMKARA ASSET RECONSTRUCTION COMPANY
                                       LIMITED                                ..... Appellant
                                                     Through: Mr. Parag Tripathi, Senior
                                                               Advocate with Mr. Dayan
                                                               Krishnan, Senior Advocate with
                                                               Mr. Vijay Nair, Mr. Rajat
                                                               Joneja, Mr. Arpit Dwivedi,
                                                               Advocates
                                                     versus
                                       DLF LIMITED & ORS.                  ..... Respondents
                                                     Through: Mr. Sandeep Sethi, Senior
                                                               Advocate with Ms. Kanika
                                                               Agnihotri, Mr. Jasmeet Singh,
                                                               Mr. Mahinder Singh Hura, Mr.
                                                               Divjot Singh Bhatia, Mr. Saif
                                                               Ali, Mr. Pushpendra S.
                                                               Bhadoriya, Ms. Rusheet Saluja,
                                                               Mr. Vijay Sharma, Mr. Arshad
                                                               Malik and Mr. Amit Mishra,
                                                               Advocates for R-2.
                                                               Ms. Pooja M. Saigal, Mr. Nipun
                                                               Gupta, Advocates for R-3.
                                                               Mr. Mukul Rohatgi, Mr. Akhil



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 11/11/2023 at 05:38:31
                                                                                                      Sibal, Sr. Advs. with Mr. Nitesh
                                                                                                     Jain, Ms. Paulomi Mehta and
                                                                                                     Ms. Srishti Khare, Advocates.
                                                                                                     for R-4.
                                                                                                     Mr. Arun Kathpalia, Senior
                                                                                                     Advocate with Mr. Sajit
                                                                                                     Suvarna, Mr. Nirav Shah, Mr.
                                                                                                     Varun Kalra, Ms. Ayushi
                                                                                                     Anandpara,       Ms.     Aneesa
                                                                                                     Cheema,        Ms.      Shivani
                                                                                                     Khanwilkar and Mr. Krishan
                                                                                                     Kumar, Advocates for R-5.
                                                                                                     Mr. Rajiv Nayar, Senior
                                                                                                     Advocate with Ms. Ruby Singh
                                                                                                     Ahuja, Mr. Kartik Nagar, Mr.
                                                                                                     Pravin Bahadur, Mr. Ishan, Mr.
                                                                                                     Saurav Kumar, Ms. Maujira
                                                                                                     Das Gupta and Ms. Kanika
                                                                                                     Goombar, Advocates for DLF
                                                                                                     Ltd.

                             6.
                             +         FAO(OS) (COMM) 227/2023
                                       PNB HOUSING FINANCE LIMITED             ..... Appellant
                                                     Through: Mr. Mukul Rohatgi, Mr. Akhil
                                                               Sibal, Sr. Advs. with Mr. Nitesh
                                                               Jain, Ms. Paulomi Mehta and
                                                               Ms. Srishti Khare, Advocates.
                                                     versus
                                       DLF LIMITED & ORS.                   ..... Respondents
                                                     Through: Mr. Sandeep Sethi, Senior
                                                               Advocate with Ms. Kanika
                                                               Agnihotri, Mr. Jasmeet Singh,
                                                               Mr. Mahinder Singh Hura, Mr.
                                                               Divjot Singh Bhatia, Mr. Saif
                                                               Ali, Mr. Pushpendra S.
                                                               Bhadoriya, Ms. Rusheet Saluja,
                                                               Mr. Vijay Sharma, Mr. Arshad
                                                               Malik and Mr. Amit Mishra,
                                                               Advocates for R-2.
                                                               Mr. Arun Kathpalia, Senior



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 11/11/2023 at 05:38:32
                                                                                                      Advocate with Mr. Sajit
                                                                                                     Suvarna, Mr. Nirav Shah, Mr.
                                                                                                     Varun Kalra, Ms. Ayushi
                                                                                                     Anandpara,     Ms.     Aneesa
                                                                                                     Cheema,       Ms.      Shivani
                                                                                                     Khanwilkar and Mr. Krishan
                                                                                                     Kumar, Advocates for R-3.
                                                                                                     Ms. Pooja M. Saigal, Mr. Nipun
                                                                                                     Gupta, Advocates for R-4.
                                                                                                     Mr. Rajiv Nayar, Senior
                                                                                                     Advocate with Ms. Ruby Singh
                                                                                                     Ahuja, Mr. Kartik Nagar, Mr.
                                                                                                     Pravin Bahadur, Mr. Ishan, Mr.
                                                                                                     Saurav Kumar, Ms. Maujira
                                                                                                     Das Gupta and Ms. Kanika
                                                                                                     Goombar, Advocates for DLF
                                                                                                     Ltd.
                                                                                                     Mr. Parag Tripathi, Senior
                                                                                                     Advocate with Mr. Dayan
                                                                                                     Krishnan, Senior Advocate with
                                                                                                     Mr. Vijay Nair, Mr. Rajat
                                                                                                     Joneja, Mr. Arpit Dwivedi,
                                                                                                     Advocates for R-5.

                                       CORAM:
                                       HON'BLE MR. JUSTICE YASHWANT VARMA
                                       HON'BLE MR. JUSTICE RAVINDER DUDEJA
                                                                            ORDER

% 09.11.2023 CM APPL. 58598/2023, CM APPL. 58599/2023 in FAO (OS) (COMM) 249/2023, CM APPL. 53278/2023 in FAO (OS) (COMM) 218/2023,CM APPL. 53281/2023 in FAO (OS) (COMM) 219/2023 ,CM APPL. 53337/2023 & CM APPL. 53338/2023 in FAO (OS) (COMM) 220/2023, CM APPL. 53346/2023, CM APPL. 53347/2023 in FAO (OS)(COMM) 221/2023,CM APPL. 54241/2023, CM APPL. 54242/2023 in FAO (OS) (COMM) 227/2023 Allowed, subject to all just exceptions. These applications stand disposed of.

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 11/11/2023 at 05:38:32 CAV 540/2023, CAV 541/2023 in FAO (OS)(COMM) 221/2023 Since learned counsels for caveator/respondents have entered appearance, the caveat stands discharged. FAO(OS) (COMM) 249/2023 &, CM APPL. 58600/2023; FAO(OS) (COMM) 218/2023 & CM APPL. 53276/2023 (Stay), CM APPL. 53277/2023 (Leave to Appeal), FAO(OS) (COMM) 219/2023 & CM APPL. 53279/2023 (Stay), CM APPL. 53280/2023 (Leave to Appeal), FAO(OS) (COMM) 220/2023, FAO(OS) (COMM) 221/2023, FAO(OS) (COMM) 227/2023 & CM APPL.

54243/2023

Since there is a Full Court Reference to be held today, the Court is unable to take up this matter for hearing.

Consequently, list again on 29.11.2023.

YASHWANT VARMA, J.

RAVINDER DUDEJA, J.

NOVEMBER 09, 2023 vp 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 11/11/2023 at 05:38:32