STATE BANK OF INDIA vs M/S. P. P. JEWELLERS PRIVATE LIMITED

* IN THE HIGH COURT OF DELHI AT NEW DELHI % Judgment reserved on : 04 February 2025 Judgment pronounced on : 11 March 2025 W.P.(C) 6991/2024, CM APPL. 29092/2024, CM APPL. 46443/2024, CM APPL. 46467/2024 & CM APPL. 72372/2024 STATE BANK OF INDIA .....Petitioner Through: Mr. Ankur Mittal, Mr. Abhay Gupta and Ms. Muskan Jain, Advs. versus M/S. P. P. JEWELLERS PRIVATE LIMITED .....Respondents Through: Mr. Sanjeev Bhandari, Mr. Ravi Data, Mr. Rajesh Sharma, Advs. Ms. Jyoti Taneja, Mr. Shantanu Sharma, Mr. Moksh Tyagi and Ms. Reny Chauhan, Advs. for Intervenors. W.P.(C) 7017/2024, CM APPL. 29207/2024, CM APPL. 46453/2024, CM APPL. 46461/2024 & CM APPL. 72386/2024 STATE BANK OF INDIA .....Petitioner Through: Mr. Ankur Mittal, Mr. Abhay Gupta and Ms. Muskan Jain, Advs. versus M/S PP JEWELLERS PRIVATE LIMITED .....Respondent Through: Mr. Sanjeev Bhandari, Mr. Ravi Data, Mr. Rajesh Sharma, Advs. W.P.(C) 6991/2024&7017/2024 1. This common judgment shall adjudicate upon the aforementioned two writ petitions, which raise a common question of law and facts and can be conveniently heard and disposed of together. FACTUAL MATRIX: 2. The petitioner, State Bank of India, is a body corporate constitu