RUDRABHISHEK ENTERPRISES LIMITED & ANR. vs SHREEMAA INFRAREALTY PRIVATE LIMITED

Judgment text excerpt

$~82 * IN THE HIGH COURT OF DELHI AT NEW DELHI Date of decision: 18th MARCH, 2025 IN THE MATTER OF: + O.M.P.(I) (COMM.) 17/2023 RUDRABHISHEK ENTERPRISES LIMITED & ANR ....Petitioners Through: Mr. Joydip Bhattacharya, Ms. Anjalika Sharma, Advocates versus SHREEMAA INFRAREALTY PRIVATE LIMITED .....Respondent Through: Ms. Nupoor Maharaj, Advocate for Respondent in CCP 17/2023 Ms. Nupoor Maharaj, Advocate for Petitioner in CCP 22/2023 CORAM: HON'BLE MR. JUSTICE SUBRAMONIUM PRASAD JUDGMENT (ORAL) CCP(O) 17/2023 & CCP(O) 22/2023 1. CCP(O) 17/2023 has been filed by the Petitioner in O.M.P.(I) (COMM.) 17/2023 under Section 9 of the Arbitration and Conciliation Act, 1996 seeking initiation of contempt proceedings against the Respondent/Contemnor for willful breach of Order dated 24.01.2023 passed by this Court in O.M.P.(I) (COMM.) 17/2023. 2. O.M.P.(I) (COMM.) 17/2023 is a Petition filed by the Petitioner under Section 9 of the Arbitration and Conciliation Act, 1996. 3. Material on record indicates that an Engineering, Procurement, Construction and Marketing Agreement dated 25.06.2018 was entered into between the Petitioners and the Respondent whereby the Respondent was Signature Not Verified Digitally Signed By:RAHUL SINGH O.M.P.(I) (COMM.) 17/2023 Page 1 of 12 Signing Date:20.03.2025 19:20:38 awarded a Project for a residential Township Project “Shri Krishna Villas Project” to the Petitioners on a turnkey basis. It is stated that the Respondent has terminated the Engineering, Procurement, Construction and Marketing Agreement before completion of the Project. It is stated that the said Agreement contains an Arbitration Clause, therefore, the Petitioners has filed the instant Petition being O.M.P.(I) (COMM.) 17/2023 under Section 9 of the Arbitration and Conciliation Act, 1996 f