UTRACON STRUCTURAL SYSTEM PRIVATE LIMITED vs UTRACON CORPORATION PTE LTD & ORS.

Judgment text excerpt

$~12 & 13 * IN THE HIGH COURT OF DELHI AT NEW DELHI % Date of Decision : 02.04.2026 + FAO(OS) (COMM) 51/2026 UTRACON STRUCTURAL SYSTEM PRIVATE LIMITED .....Appellant Through: Ms. Suriti Chowdhary, Ms. Abiha Zaidi, Ms. Arushi, Ms. Tanya Sharma, Mr. Pritam Raman Giriya and Mr. Ashish Bainsla, Advocates versus UTRACON CORPORATION PTE LTD & ORS. .....Respondents Through: Mr. Abhishek Malhotra, Sr. Adv. with Mr. Himanshu Deora, Mr. Sukrit Kapoor, Ms. Shambhavi Sharma, Ms. Garima Singh, Mr. Samarth Kapoor, Mr. Divya Bhushan, Mr. Kartikay Dutta, Ms. Anukriti Trivedi and Mr. Harshit Raj, Advs. + FAO(OS) (COMM) 52/2026 UCON PT STRUCTURAL SYSTEM PRIVATE LIMITED (FORMERLY UTRACON STRUCTURAL SYSTEM PRIVATE LIMITED) .....Appellant Through: Mr. Siddhartha Iyer, Ms. Shreya Mathur, Advs. versus UTRACON CORPORATION PVT LTD & ORS. .....Respondents Through: Mr. Abhishek Malhotra, Sr. Adv. with Mr. Himanshu Deora, Mr. Sukrit Kapoor, Ms. Shambhavi Sharma, Ms. Signature Not Verified Signed By:PRADEEP FAO(OS) (COMM) 51/2026 & 52/2026 Page 1 of 5 SHARMA Signing Date:10.04.2026 14:42:00 Garima Singh, Mr. Samarth Kapoor, Mr. Divya Bhushan, Mr. Kartikay Dutta, Ms. Anukriti Trivedi and Mr. Harshit Raj, Advs. CORAM: HON'BLE MR. JUSTICE V. KAMESWAR RAO HON'BLE MS. JUSTICE MANMEET PRITAM SINGH ARORA V. KAMESWAR RAO, J. (ORAL) 1. These appeals arise from orders passed by the learned Single Judge in I.A. 20676/2025 in CS (COMM) 661/2024. On 12.03.2026, this Court had limited the challenge in these appeals to the direction contained in paragraph 9 of the order dated 25.08.2025. 2. The appellants in FAO(OS) (COMM) 52/2026 herein are Defendant No.1 to 4, 6 & 7 in the suit and Defendant No.5 in FAO(OS) (COMM) 51/2026. The direction of the learned Single Judge in paragraph 9 of the order dated 25.08.2025 re