PRAVEEN JINDAL vs RAMESH CHAND GUPTA

Judgment text excerpt

$~46 * IN THE HIGH COURT OF DELHI AT NEW DELHI + FAO (COMM) 101/2025, CM APPL. 24571/2025 & CM APPL. 24572/2025 PRAVEEN JINDAL .....Appellant Through: Mr. Manu Sishodia, Adv. versus RAMESH CHAND GUPTA .....Respondent Through: CORAM: HON'BLE MR. JUSTICE C. HARI SHANKAR HON'BLE MR. JUSTICE AJAY DIGPAUL ORDER (ORAL) % 25.04.2025 1. This appeal is directed against the order dated 16 April 2025 passed by the learned District Judge (Commercial Court), Central Tis Hazari1, adjudicating an application filed by the appellant under Section 36 (3) of the Arbitration and Conciliation Act 19962. The appellant is directed to deposit 50% of the award amount. 2. After arguing for some time, Mr. Manu Sishodia, learned Counsel for the appellant, seeks leave to withdraw this appeal reserving his right to pray all contentions in substantive Section 34 proceedings pending before the learned Commercial Court. 3. He, however, seeks and is granted six weeks further time to effect deposit in terms of the impugned order. 1 “the Commercial Court” hereinafter 2 “the 1996 Act” hereinafter Signature Not Verified Digitally Signed By:AJIT KUMAR FAO (COMM) 101/2025 Page 1 of 2 Signing Date:30.04.2025 17:57:45 4. The appeal is accordingly disposed of as withdrawn. C. HARI SHANKAR, J. AJAY DIGPAUL, J. APRIL 25, 2025 dsn Click here to check corrigendum, if any Signature Not Verified Digitally Signed By:AJIT KUMAR FAO (COMM) 101/2025 Page 2 of 2 Signing Date:30.04.2025 17:57:45