M/S RHINE POWER PVT. LTD. vs M/S RAMPRASTHA PROMOTERS AND DEVELOPERS PVT. LTD.

Judgment text excerpt

$~J * IN THE HIGH COURT OF DELHI AT NEW DELHI % Judgment pronounced on: 02.02.2026 + W.P.(C) 2182/2025 and CM APPL.10292/2025 M/S RHINE POWER PVT. LTD. .....Petitioner Through: Mr. Viksit Arora, Advocate. versus M/S RAMPRASTHA PROMOTERS AND DEVELOPERS PVT. LTD. .....Respondent Through: Mr. Virender Ganda (Sr. Advocate) along with Mr. Sougat Sinha, Ms. R. Gayathri Manasa, Ms. Charmi, Advocates. CORAM: HON'BLE MR. JUSTICE SACHIN DATTA JUDGMENT 1. The present petition has been filed by the petitioner seeking the following prayers: Signature Not Verified W.P.(C) 2182/2025 Page 1 of 19 Digitally Signed By:ROHIT KUMAR PATEL Signing Date:03.02.2026 19:15:16 2. It is the case of the petitioner that the respondent company had duly received from, and/or owed to, the petitioner a sum of Rs.7,33,30,548 as on 27.09.2018. In lieu of the monies so received, the parties entered into five (5) Agreements to Sell (hereinafter referred to individually as “Agreement 1”, “Agreement 2”, “Agreement 3”, “Agreement 4” and “Agreement 5” and collectively as the “Agreements”) dated 27.09.2018, whereby the respondent agreed to sell twenty-one (21) flats to the petitioner, being developed in the respondent’s project, i.e., a multi-storeyed residential complex known as “PRIMERA”, located at Ramprastha City, Sector 37-D, Gurgaon, in terms of the conditions agreed in the aforementioned Agreements to Sell. 3. Five (5) separate Agreements to Sell were entered into on the same day, i.e., 27.09.2018, between the same parties in respect of Twenty-One (21) flats, as part of one composite transaction. It was recorded in the Agreements to Sell that the entire consideration amounts of Rs. Signature Not Verified W.P.(C) 2182/2025 Page 2 of 19 Digitally Signed By:ROHIT KUMAR PATEL Signing Date:03.02.2026 19:15:16