BULL VALUE INCORPORATED VCC SUB-FUND vs DELPHI WORLD MONEY LTD

Judgment text excerpt

$~4 * IN THE HIGH COURT OF DELHI AT NEW DELHI % Date of Decision: 10.12.2025 + CM(M) 2349/2025, CM APPL. 76250/2025 & CM APPL. 76249/2025 BULL VALUE INCORPORATED VCC SUB-FUND .....Petitioner Through: Mr. Parag P. Tripathi, Sr. Advocate, Mr. Anurag Ahluwalia, Sr. Advocate and Mr. Jagdeep Sharma, Sr. Advocate with Mr. Kartikay Sharma and Mr. Anirudh Sharma, Advocates versus DELPHI WORLD MONEY LTD .....Respondent Through: Mr. Manish Vashisth, Sr. Advocate with Mr. Harsh Sethi, Mr. Ankur Garg, Ms. Devika Mohan, Mr. Sukhpreet Maan, Mr. Anant Nigam, Mr. Raghav Luthra, Mr. Vedansh Vashisht, Ms. Niyati Kohli, Mr. Amit Kumar Singh, Mr. Varun Maheshwari and Mr. Manan Soni, Advocates CORAM: JUSTICE GIRISH KATHPALIA O R D E R (ORAL) 1. Broadly speaking, it appears that on 15.11.2025 the subject commercial suit was filed, and on 17.11.2025, the learned commercial court judge recused himself. On 19.11.2025, a petition for transfer of the subject suit, filed by the present respondent/defendant in this court was withdrawn. CM(M) 2349/2025 Page 1 of 5 pages Signature Not Verified Digitally signed by GIRISH KATHPALIA DN: c=IN, o=HIGH COURT OF DELHI, GIRISH 2.5.4.20=8401dd889b27a77b2f65ffffe4af ec45569af3962c6fb4835d435f97626cacc a, ou=HIGH COURT OF DELHI,CID - Digitally Signed KATHPALIA 7047638, postalCode=110003, st=Delhi, serialNumber=d3e86796451ec45c07b5d By:NEETU N NAIR 15570996b40f80cbd2eee60402c487965ff 801e26fa, cn=GIRISH KATHPALIA Date: 2025.12.10 18:03:44 -08'00' Signing Date:10.12.2025 18:06:09 Thereafter, the present respondent/defendant also filed a petition under Articles 226/227 of the Constitution of India, which petition is now posted for May 2026 with no stay of trial court proceedings. On 27.11.2025, the concerned learned Principal District & Sessions Judge dismissed th