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

$~ * 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 pages 2.5.4.20=8401dd889b27a77b2f65ffffe4 afec45569af3962c6fb4835d435f97626c 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 respondent no.2 is a stranger to the arbitration proceedings. B