SHAKTI PUMP INDIA LTD vs APEX BUILDSYS LTD

* IN THE HIGH COURT OF DELHI AT NEW DELHI Date of decision: 19th MARCH, 2025 IN THE MATTER OF: + O.M.P. (T) (COMM.) 107/2024 & I.A. 42034/2024 SHAKTI PUMP INDIA LTD .....Petitioner Through: Mr. Vasanth Rajasekaran and Mr. Harshvardhan Korada, Advocates. versus APEX BUILDSYS LTD .....Respondent Through: Mr. Sohel Sehgal, Mr. Rakesh Kumar, Mr. Ramesh Babu and Mr. Jainendra Maldhir, Advocates. + O.M.P. (T) (COMM.) 134/2024 & I.A. 44869/2024 VADERA INTERIORS AND EXTERIORS .....Petitioner Through: Mr. Mritunjay Kumar Singh, Mr. Rajiv Vijay Mishra, Mr. Rajeev Kumar Gupta, Mr. Prakash Kashyap & Mr. Shaikat Khatua, Advocates. versus APEX BUILDSYS LTD. .....Respondent Through: Mr. Sohel Sehgal, Mr. Rakesh Kumar, Mr. Ramesh Babu and Mr. Jainendra Maldhir, Advocates. CORAM: HON'BLE MR. JUSTICE SUBRAMONIUM PRASAD JUDGMENT 1. The Petitioners have approached this Court under Section 14(1)(a) read with Section 14(2) & 15(2) of the Arbitration & Conciliation Act, 1996 2. Shorn of unnecessary details, the facts leading to the filing of O.M.P. (T) (COMM.) 107/2024 & I.A. 42034/2024 are as follows:- i. The Petitioner is a public limited company that is engaged in the manufacturing of energy efficient