M/S SAPTGIRI REALTY THROUGH ITS AUTHORIZED REPRESENTATIVE AND SIGNATORY vs M/S ROLLING HILLS VILLAS AND RESORT LLP AND ORS THROUGH ITS AUTHORIZED REPRESENTATIVE AND SIGNATORY

Judgment text excerpt

$~28 * IN THE HIGH COURT OF DELHI AT NEW DELHI Date of Decision : 16.04.2026 + O.M.P.(I) (COMM.) 381/2025 M/S SAPTGIRI REALTY THROUGH ITS AUTHORIZED REPRESENTATIVE AND SIGNATORY .....Petitioner Through: Ms. Sonam Gupta and Mr. Abhishek Mahajan, Advocates versus M/S ROLLING HILLS VILLAS AND RESORT LLP AND ORS THROUGH ITS AUTHORIZED REPRESENTATIVE AND SIGNATORY .....Respondent Through: Mr. Shimpy Arman Sharma, Ms. Priya Pachouri and Mr. Kritik Rastogi, Advocates for R-1 to 3 CORAM: HON'BLE MR. JUSTICE HARISH VAIDYANATHAN SHANKAR % JUDGEMENT (ORAL) HARISH VAIDYANATHAN SHANKAR, J. 1. The present Petition, filed under Section 9 of the Arbitration and Conciliation Act, 19961, read with Section 10(3) of the Commercial Courts Act, 2015, seeks the following reliefs: “a. Direct the Respondents to declare the details of assets and bank accounts owned by them; b. direct Respondent to secure the amount in dispute i.e. Rs.7,20,00,000/- (Rupees Seven Crore Twenty Lakhs Only) due and payable as on 25.02.2025 along with interest with this Hon'ble Court; c. Pass directions for Attachment of Bank Account to the extent of the outstanding amount of Rs.7,20,00,000/- (Rupees Seven Crore Twenty Lakhs Only) due and payable as on 25.02.2025, in order to secure the amount involved in dispute; and/or d. The Auditor be appointed for rendition of accounts of the 1 Act Signature Not Verified Digitally Signed O.M.P.(I) (COMM.) 381/2025 Page 1 of 4 By:VARNIKA Signing Date:17.04.2026 16:13:40 Respondent Company including all the Directors; and/or e. The Respondents be called upon to deposit the entire outstanding amount, before this Hon’ble Court in terms of the due amount and the Petitioner be given liberty to withdraw the same on such terms and conditions as this Hon’ble Court deems fit and proper in