MANOJ RASTOGI vs NEERAJ SRIVASTAVA

Judgment text excerpt

$~88 * IN THE HIGH COURT OF DELHI AT NEW DELHI + W.P.(C) 4505/2026, CM APPL. 21975/2026 & CM APPL. 21976/2026 Date of Decision: 07.04.2026 IN THE MATTER OF: MANOJ RASTOGI .....Petitioner Through: Mr. Vineet Sinha Advocate. versus NEERAJ SRIVASTAVA .....Respondent Through: None. CORAM: HON'BLE MR. JUSTICE PURUSHAINDRA KUMAR KAURAV JUDGEMENT PURUSHAINDRA KUMAR KAURAV, J. (ORAL) 1. The petition is for setting aside orders dated 26.06.2025 and 13.02.2026 passed in arbitration proceedings between the parties herein. Vide both the orders, applications filed by the petitioner seeking permission to lead secondary evidence and to file additional documents have been rejected. 2. As per the case set up by the petitioner, the parties herein are partners at M/s Agronext Ventures LLP and have fifty-percent share each. On account of a dispute having arisen in the said partnership, the respondent, on 10.10.2023, initiated arbitration proceedings seeking recovery of money and Signature Not Verified Signature Not Verified Signed By:PRIYA Signed Signing Date:16.04.2026 By:PURUSHAINDRA 12:35:24 KUMAR KAURAV expulsion of the petitioner therefrom. 3. The respondent is stated to have filed certain F.I.R registered against the petitioner along with the statement of claim, and the petitioner has, in his statement of defence, refuted the same as irrelevant to the proceedings. 4. In the interregnum, a closure report dated 04.12.2023/05.12.2023 is stated to have been filed by the police before the concerned Trial Court. Further, the National Company Law Tribunal, New Delhi (NCLT) is stated to have passed order dated 25.07.2025 in proceedings initiated by a third party related to the respondent seeking recovery of money alleged to have been invested in M/s Agronext Ventures LLP. The petitioner had