ASHOK KUMAR GOEL & ORS. vs BNP PARIBAS SUISSE SA & ORS.

Judgment text excerpt

$~ * IN THE HIGH COURT OF DELHI AT NEW DELHI % Judgement reserved on: 07.11.2025 Judgement delivered on: 24.12.2025 + EFA(OS) 20/2025, CM APPL. 69257/2025 (stay), CM APPL. 69258/2025 (Exp.), CM APPL. 69259/2025 (Exp. from filing lengthy synopsis) & CM APPL. 69260/2025 (Exp.) ASHOK KUMAR GOEL & ORS. .....Appellants Through: Mr. Amit Sibal, Senior Advocate with Ms. Nandini Gore, Ms. Sonia Nigam, Mr. Mohammad Shahyan Khan, Mr. Akarsh Sharma, Mr. Dinkar Ankit Handa and Mr. Darpan Narula, Advocates for Appellants 1 to 4. versus BNP PARIBAS SUISSE SA & ORS. .....Respondents Through: Mr. Dayan Krishnan, Senior Advocate with Mr. Ashim Sood, Mr. Dhirajkumar Totala, Mr. Raghav Seth, Ms. Aditi Bhansali, Mr. Aman Chaudhary, Mr. Akilesh Menezes, Ms. Mrudula Dixit and Mr. Sukrit Seth, Advocates for R-1. Mr. Satvik Varma, Senior Advocate with Mr. Shantanu Parmar and Mr. Deepak Agarwal, Advocates for R-2 to R-12. CORAM: HON'BLE MR. JUSTICE ANIL KSHETARPAL HON'BLE MR. JUSTICE HARISH VAIDYANATHAN SHANKAR Signature Not Verified Digitally Signed By:HARVINDER KAUR BHATIA EFA(OS) 20/2025 Page 1 of 30 Signing Date:24.12.2025 17:05:30 JUDGMENT HARISH VAIDYANATHAN SHANKAR, J. 1. The present Execution First Appeal, filed under Section 10 of the Delhi High Court Act, 1966, challenges the Judgment dated 19.09.20251 and also seeks quashing of the Order dated 27.10.20252, passed by the learned Single Judge of this Court in case being EX.P. 64/2024, titled “BNP Paribas Suisse SA v. Ashok Kumar Goel & Ors.”. In addition to challenging the Impugned Judgment, the Appellants seek dismissal of the underlying Execution Petition itself. 2. By the Impugned Judgment, the preliminary objections qua the maintainability of the Execution Petition under Section 44A of the Civil Procedure Code, 19083, seeking enfor