IPEX INFRASTRUCTURE PVT. LTD. vs KRISHNA CONSTRUCTIONS & ORS.

IN THE HIGH COURT OF DELHI AT NEW DELHI Date of decision: 27.01.2026 + O.M.P.(I) (COMM.) 492/2025, I.A. 525/2026 (For issuance of Necessary Directions) & I.A. 2218/2026 (For Dir.) IPEX INFRASTRUCTURE PVT. LTD. .....Petitioner Through: Mr. Varun Chandiok, Mr. Pardeep Dhingra and Mr. Nishant Kumar, Advocates. versus KRISHNA CONSTRUCTIONS & ORS. .....Respondents Through: Mr. Abhishek Malhotra, Senior Advocate along with Mr. Kartikay Dutta and Ms. Anukriti Trivedi, Advocates for R-1 to R-3. Ms. Parul Gurudev and Mr. Pankaj Gupta, Advocates for R-4. Mr. Prabhas Bajaj, Mr. Rishabh Yadav and Mr. Harsh Chauhan, Advocates for Applicant in I.A. 2218/2026. CORAM: HON'BLE MR. JUSTICE HARISH VAIDYANATHAN SHANKAR % J U D G E M E N T (Oral) 1. The present petition filed under Section 9 of the Arbitration and Conciliation Act, 1996, [“the Act”] relates to a Memorandum of Understanding dated 03.11.2025 [“MoU”] and the disputes which have arisen in respect thereof, seeking interim orders. 2. Learned counsel appearing for the parties jointly submit that 3. This Court finds that the suggestions made by the parties are reasonable and appropriate. 4. Since the learned counsel for the parties are ad idem