M/S V AND L DIAGNOSTICS CENTRE LLP vs M/S CLIX CAPITAL SERVICES PVT LTD

Judgment text excerpt

$~73 to 75 * IN THE HIGH COURT OF DELHI AT NEW DELHI % Date of Decision: 25th April, 2025 + O.M.P.(I) (COMM.) 62/2024 and I.A. 4288/2024 and 10075/2025 M/S V AND L DIAGNOSTICS CENTRE LLP .....Petitioner Through: Mr. Dev Roy, Advocate. versus M/S CLIX CAPITAL SERVICES PVT LTD .....Respondent Through: Ms. Deepika V. Marwaha, Senior Advocate with Mr. Puneet Raj Banderwal, Mr. Tanishq Sharma, Mr. Sarthak Gupta and Mr. Ravi Shankar Garg, Advocates. 74 + O.M.P.(I) (COMM.) 406/2024 and I.A. 46444/2024 CLIX CAPITAL SERVICES PVT. LTD .....Petitioner Through: Ms. Deepika V. Marwaha, Senior Advocate with Mr. Puneet Raj Banderwal, Mr. Tanishq Sharma, Mr. Sarthak Gupta and Mr. Ravi Shankar Garg, Advocates. versus M/S V AND L DIAGNOSTIC CENTRE LLP AND ORS. .....Respondents Through: Mr. Dev Roy, Advocate. 75 + O.M.P.(I) (COMM.) 407/2024 and I.A. 46446/2024 CLIX CAPITAL SERVICES PVT LTD .....Petitioner Through: Ms. Deepika V. Marwaha, Senior Advocate with Mr. Puneet Raj Banderwal, Mr. Tanishq Sharma, Mr. Sarthak Gupta and Mr. Ravi Shankar Garg, Advocates. versus Signature Not Verified Digitally Signed O.M.P.(I) (COMM.) 62/2024 & connected matters Page 1 of 13 By:KAMAL KUMAR Signing Date:28.04.2025 18:46:11 M/S V AND L DIAGNOSTIC CENTRE LLP AND ORS. .....Respondents Through: Mr. Dev Roy, Advocate. CORAM: HON'BLE MS. JUSTICE JYOTI SINGH JUDGEMENT JYOTI SINGH, J. (ORAL) 1. O.M.P.(I) (COMM.) 62/2024 is preferred on behalf of M/s V and L Diagnostics Centre LLP (hereinafter referred to as “V&L”) under Section 9 of the Arbitration and Conciliation Act, 1996 (‘1996 Act’) for restraining M/s Clix Capital Services Pvt Ltd (hereinafter referred to as “Clix Capital”) from taking possession of the hypothecated assets and/or any coercive steps with respect to the said assets such as sale/auction. 2.