NATIONAL HIGHWAYS AUTHORITY OF INDIA vs CFM ASSET RECONSTRUCTION PVT LTD & ANR.

Judgment text excerpt

$~ * IN THE HIGH COURT OF DELHI AT NEW DELHI % Judgment reserved on: 21.11.2025 Judgment pronounced on: 26.11.2025 + CM(M) 2031/2025 & CM APPL. 65908/2025 NATIONAL HIGHWAYS AUTHORITY OF INDIA .....Petitioner Through: Mr. Tushar Mehta, Solicitor General of India with Mr. Nishant Awana, Ms. Rini Badoni, Ms. Rebecca Mishra and Ms. Ekta Kundu, Advocates. versus CFM ASSET RECONSTRUCTION PVT LTD & ANR. .....Respondents Through: Mr. Saurabh Kirpal, Senior Advocate with Mr. Atul Shanker Mathur, Ms. Priya Singh, Mr. Shubhankar, Mr. Rajat Choudhary and Mr. Junaid, Advocates. Mr. Raunak Dhillion, Mr. Nihaad Dewan, Mr. Akshay Gupta and Ms. Isha Malik, Advocates for R2 CORAM: HON'BLE MR. JUSTICE GIRISH KATHPALIA JUDGMENT 1. This petition, brought under Article 227 of the Constitution of India assails order dated 01.10.2025, whereby the learned Arbitral Tribunal CM(M) 2031/2025 Page 1 of 17 pages Digitally signed by GIRISH KATHPALIA DN: c=IN, o=HIGH COURT OF DELHI, GIRISH 2.5.4.20=8401dd889b27a77b2f65ffffe4 afec45569af3962c6fb4835d435f97626c Signature Not Verified KATHPALIA acca, ou=HIGH COURT OF DELHI,CID - 7047638, postalCode=110003, st=Delhi, serialNumber=d3e86796451ec45c07b5 d15570996b40f80cbd2eee60402c4879 65ff801e26fa, cn=GIRISH KATHPALIA Date: 2025.11.26 10:40:47 -08'00' Digitally Signed By:NEETU N NAIR Signing Date:26.11.2025 10:53:17 dismissed the application of the present petitioner under Order XXII Rule 10 of the Code of Civil Procedure. I have heard learned Solicitor General on behalf of petitioner, learned Senior Counsel on behalf of respondent no.1 and learned counsel for respondent no.2. 2. Before the Arbitral Tribunal, the present petitioner is the solitary non- claimant, contesting the claim of the present respondent no.1, who is the solitary claimant. The present r