SHRI BN VISHWANATH & ANR. vs RELIGARE FINVEST LIMITED & ORS.

IN THE HIGH COURT OF DELHI AT NEW DELHI Date of decision: 16.12.2025 + FAO (COMM) 169/2025 & CM APPL. 79144/2025 SHRI BN VISHWANATH & ANR. .....Appellants Through: Mr.Vikram Hegde, Ms.Hima Lawrence, Mr.Abhishek Wadiyar, Advs. versus RELIGARE FINVEST LIMITED & ORS. .....Respondents Through: Mr.Arvind Jadon, Adv. for R-1. Mr.Ajay Uppal Adv. for R-2 and Omkara Assets Reconstruction Pvt Ltd. CORAM: HON'BLE MR. JUSTICE NAVIN CHAWLA HON'BLE MS. JUSTICE MADHU JAIN NAVIN CHAWLA, J. (ORAL) 1. The learned counsel for the appellants submits that the respondent nos.3 to 5 have been impleaded only as proforma parties. 2. Mr. Ajay Uppal, the learned counsel appearing for the respondent no.2, that is, M/s India Resurgence ARC Private Ltd. submits that the respondent no.2 has assigned the debt of the appellants to M/s Omkara Assets Reconstruction Pvt. Ltd. and that he enters appearance for them as well. 3. On the oral request of the learned counsel for the appellants, M/s Omkara Assets Reconstruction Pvt. Ltd. is arrayed as a party- 4. With the consent of the parties, the appeal is being taken up for final hearing today. 5. This appeal has been filed challenging the Judgement dated 26.03.2025 pass