M/S AMD ESTATES AND DEVELOPERS PVT LTD vs M/S VSR INFRATECH PVT LTD

Judgment text excerpt

$~J * IN THE HIGH COURT OF DELHI AT NEW DELHI Judgment reserved on: 04.09.2025 Judgment pronounced on:10.10.2025 + O.M.P.(I)(COMM.) 438/2024 & CCP(O) 10/2025, CCP(O) 34/2025, CCP(O) 55/2025, CCP(O) 85/2025, I.A. 2958/2025, I.A. 8913/2025, I.A. 9179/2025, I.A. 20494/2025 M/S AMD ESTATES AND DEVELOPERS PVT LTD. .....Petitioner Through: Mr. Sandeep Sethi, Mr. Rajshekhar Rao, Mr. Anurag Ahluwalia, Sr. Advs. with Mr. Ravi Kapoor, Ms. Vishakha Gupta, Mr. Akshit Mago, Ms. Shreya Kunwar, Ms. Riya Kumar, Advs. versus M/S VSR INFRATECH PVT LTD. .....Respondent Through: Mr. Amit Sibal, Sr. Adv. with Ms. Karuna Sharma, Mr. Ankit Tripathi, Mr. Sandeep Phogat, Ms. Mehak, Mr. Gaurav Jain, Mr. Atul Malhotra, Advs. + O.M.P.(I) (COMM.) 231/2025 VSR INFRATECH PVT LTD .....Petitioner Through: Mr. Amit Sibal, Sr. Adv. with Ms. Karuna Sharma, Mr. Ankit Tripathi, Mr. Sandeep Phogat, Ms. Mehak, Mr. Gaurav Jain, Mr. Atul Malhotra, Digitally Signed By:MAYANK O.M.P.(I) (COMM.) 231/2025 & O.M.P.(I) (COMM.) 438/2024 Page 1 of 33 Signing Date:10.10.2025 15:35:12 Advs. versus AMD ESTATES AND DEVELOPERS PVT LTD. .....Respondent Through: Mr. Sandeep Sethi, Mr. Rajshekhar Rao, Mr. Anurag Ahluwalia, Sr. Advs. with Mr. Ravi Kapoor, Ms. Vishakha Gupta, Mr. Akshit Mago, Ms. Shreya Kunwar, Ms. Riya Kumar, Advs. CORAM: HON'BLE MR. JUSTICE JASMEET SINGH JUDGMENT 1. At the outset, the parties were offered that the petitions can be transferred to Arbitral Tribunal as the same stood constituted on 02.09.2025. However, both the parties state that substantial arguments have been heard, hence, this Court may decide the present petitions. In this view, learned senior counsels appearing for the parties have been heard at length and thereafter, the judgment had been reserved on 04.09.2025. 2. Since the parties herein a