SATYA PRAKASH BAGLA vs EVAAN HOLDINGS PVT LTD & ORS.

* IN THE HIGH COURT OF DELHI AT NEW DELHI % Reserved on : 21st January, 2025 Pronounced on: 12th February, 2025 LPA 1081/2024 & CM APPL. 63817/2024 SATYA PRAKASH BAGLA .....Appellant Through: Mr. Harish Malhotra, Sr. Advocate and Mr. Ravi Gupta, Sr. Advocate with Mr. Manav Goyal, Mr. Zinnea Mehta, Ms. Ritika Gusain, Mr. Abhishek Jaiswal, Ms. Shriya Agarwal, Ms. Tanushvi Singh, Ms. Muskaan Mehra, Ms. Jahnvi Gupta and Mr. Shrey Sharma, Advocates. versus EVAAN HOLDINGS PVT LTD & ORS. .....Respondents Through: Mr. Rajiv Nayyar, Sr. Advocate with Ms. Devika Mohan, Ms. Manya Chandok, Mr. Prabhav Bhaguna and Mr. Saurabh Seth, Advocates for R-1 Mr. Ramesh Babu and Ms. Nisha Sharma, Advocates for R-2/RBI CORAM: HON'BLE MR. JUSTICE CHANDRA DHARI SINGH HON'BLE MR. JUSTICE ANOOP KUMAR MENDIRATTA JUDGMENT CHANDRA DHARI SINGH, J. 1. The instant appeal under Clause X of the Letters Patent has been filed on behalf of the appellants seeking the following reliefs: “a) Allow the present Appeal and set aside the Impugned Judgement dated 23.10.2024 passed by the Learned Single Judge in Writ Petition bearing W.P. (C) No. 9877 of 2024 2. The Company namely M/s Exclusive Capital Limited (hereinafter as th