AJAY GUPTA AND ANR. vs AMIT SALES CORPORATION PVT. LTD. AND ANR.

IN THE HIGH COURT OF DELHI AT NEW DELHI % Judgment delivered on:03.07.2025 C.R.P. 303/2024 & CM APPL. 61563/2024 AJAY GUPTA AND ANR. .....Petitioners versus AMIT SALES CORPORATION PVT. LTD. AND ANR. .....Respondents Advocates who appeared in this case: For the Petitioners : Mr. Siddharth Handa and Mr. Manu Padalia, Advs. For the Respondents : Mr. Amrendra Nath Shukla, Mr. Saurabh Malik and Mr. Suraj Sharma, Advs. for R-1. CORAM HON’BLE MR JUSTICE AMIT MAHAJAN JUDGMENT 1. The present petition is filed against the order dated 13.09.2024 (hereafter ‘impugned order’) passed by the learned District Judge, Commercial Court, Saket Courts, Delhi in Execution (Comm) 548/2023 whereby the objection filed by the petitioners against the lifting of corporate veil qua the directors of Respondent No. 2 company/petitioners was dismissed. 2. Briefly stated, a suit for recovery was filed by Respondent No. 1 against Respondent No. 2 company. Respondent No. 1 company dealt in the business of supply of steel pipes and tubes of various types and had been supplying goods/materials to Respondent No. 2 company for its various projects as per its demands since April, 2012 against purchase orders. It is the c