TATA CAPITAL HOUSING FINANCE LIMITED vs M/S PREETI BULDTECH AND ORS

Judgment text excerpt

$~39 * IN THE HIGH COURT OF DELHI AT NEW DELHI Date of Decision: 23.02.2026 + O.M.P.(I) (COMM.) 32/2026 TATA CAPITAL HOUSING FINANCE LIMITED .....Petitioner Through: Mr. Siddharth Parashar, Advocate. versus M/S PREETI BULDTECH AND ORS .....Respondents Through: Mr. Tarranjit Singh Sawhney, Advocate for Respondent Nos. 1, 3 and 4. Mr. Prashant Bhardwaj and Ms. Kristen Sleeth, Advocates for Respondent No. 2. CORAM: HON'BLE MR. JUSTICE HARISH VAIDYANATHAN SHANKAR % JUDGEMENT (ORAL) HARISH VAIDYANATHAN SHANKAR, J. 1. The present Petition, under Section 9 of the Arbitration and Conciliation Act, 19961, has been filed seeking the following reliefs: “(i) Pass an ad-interim and ex-parte order against the respondent thereby directing the Respondents to furnish on affidavit the details of their bank accounts and movable and immovable assets/properties and for the attachment of such movable and immovable properties of the respondents; and/or (ii) Pass an ex-parte and ad-interim order to secure the amount in dispute by directing the Respondent to furnish bank guarantee of 1 Act Signature Not Verified Digitally Signed By:HARVINDER KAUR O.M.P.(I) (COMM.) 32/2026 Page 1 of 7 BHATIA Signing Date:26.02.2026 18:23:15 equivalent amount in favour of the Petitioner; and/or (iii) Pass an ex-parte and ad-interim order restraining the Respondents in any manner from transferring, disposing, alienating, hypothecating, charging, or parting with possession of or transferring or creating any right, title or interest in favour of anyone else in respect of the mortgaged property and or any other assets/properties, movable and immovable and the attachment of the movable and immovable properties, to secure the rights and interest of the Petitioners; and/or (iv) The petitioner states that as per records