ROGER SHASHOUA & OTHERS vs MUKESH SHARMA & OTHERS

Judgment text excerpt

$~J1 & J2 * IN THE HIGH COURT OF DELHI AT NEW DELHI Reserved on: 17th May, 2025 Date of Pronouncement: 1st September, 2025 + O.M.P. (COMM) 88/2020 & I.As.16586/2010, 903/2014, 12734/2017, 13271/2017, 13273/2017, 13341/2021 ROGER SHASHOUA & OTHERS .....Petitioners Through: Mr. A.K. Airi, Sr. Adv with Mr. Gaurav M Liberhan, Mr. Neeraj Gupta, Mr. Arun Rawat, Ms. Akriti Gupta, Mr. Mudit Rahalla, Mr. Vishal Shayak Kumar, Advs. (M: 7428710105) with Mr. Harpreet Singh Chaddha, Nominee director of Stancroft Trust Ltd. versus MUKESH SHARMA & OTHERS .....Respondents Through: Mr. Akhil Sibal, Sr. Adv. with Mr. Abhinav Hansaria, Mr. Sarthak Sharma & Mr Sugandh Shahi, Advs. for R-1. (M:8390033667) Mr. Deepak Kumar Vijay, Adv. for R- 3. J2 AND + O.M.P.(EFA)(COMM.) 3/2018 & EX.APPL.(OS) 3127/2022, EX.APPL.(OS) 3501/2022, I.A. 5000/2018, I.A. 8544/2018 ROGER SHASHOUA & ORS. .....Decree Holders Through: Mr. A.K. Airi, Sr. Adv with Mr. Gaurav M Liberhan, Mr. Neeraj Gupta, Mr. Arun Rawat, Ms. Akriti Gupta, Mr. Mudit Rahalla, Mr. Vishal Shayak Kumar, Advs. (M: 7428710105) with Mr. Harpreet Singh Chaddha, Nominee director of Stancroft Trust Ltd. Signature Not Verified O.M.P. (COMM) 88/2020 & O.M.P.(EFA)(COMM.) 3/2018 Page 1 of 157 Digitally Signed By:DEVANSHU JOSHI Signing Date:01.09.2025 18:10:34 versus MUKESH SHARMA & ORS. .....Judgement Debtors Through: Mr. Akhil Sibal, Sr. Adv. with Mr. Abhinav Hansaria, Mr. Sarthak Sharma & Mr Sugandh Shahi, Advs. for R-1. Mr. Deepak Kumar Vijay, Adv. for R- 3. CORAM: JUSTICE PRATHIBA M. SINGH JUDGMENT Prathiba M. Singh, J. 1. This hearing has been done through hybrid mode. Background: 2. These are two petitions filed on behalf of the Petitioners- Petitioner No.1/Roger Shashoua, Petitioner No.2/Rodemadan Holdings Limited (hereinafter, ‘Rodemadan’) and