GLOBALBEES BRANDS PRIVATE LIMITED vs ASHUTOSH GARG AND ORS

IN THE HIGH COURT OF DELHI AT NEW DELHI Date of Decision : 16.04.2026 + O.M.P.(I) (COMM.) 435/2025, I.A. 29057/2025 (Delay of 11 days in filing the reply by R-1 to R-3), I.A. 10405/2026 (For Leave to filed and bring on record addl. Documents) & I.A. 10406/2026 (For Exemption from filing a signed and notarized affidavit) GLOBALBEES BRANDS PRIVATE LIMITED .....Petitioner Through: Mr. Jayant Mehta, Senior Advocate with Mr. Mayank Mishra, Mr. Kunwar Surya Pratap and Ms. Mansvini Jain, Advocates versus ASHUTOSH GARG AND ORS ....Respondents Through: Mr. Samudra Sarangi, Ms.Shruti Raina, Ms. Riya Kalra, Mr. Paritosh Tengshe and Ms. Yoshita Sood, Advocates CORAM: HON'BLE MR. JUSTICE HARISH VAIDYANATHAN SHANKAR % JUDGEMENT (ORAL) HARISH VAIDYANATHAN SHANKAR, J. 1. The present Petition has been filed under Section 9 of the Arbitration and Conciliation Act, 19961, seeking the following reliefs: “a) Restrain the Respondent Nos. 1 to 3, jointly and severally, from selling, transferring, pledging, assigning or otherwise encumbering any shares or creating any third-party interest in their 8054 equity shares (26% of the paid-up and subscribed capital) in Respondent 1 Act 2. Learned counsel appeari