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january 2026

Delhi High Court · 2026-01-06

M D OVERSEAS PRIVATE LIMITED vs DEUTSCHE BANK AG

Citation / case number
CS(COMM)-228/2023 2026:DHC:46
Court
Delhi High Court
Petitioner
M D OVERSEAS PRIVATE LIMITED
Respondent
DEUTSCHE BANK AG
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Judgment text excerpt

* IN THE HIGH COURT OF DELHI AT NEW DELHI % Judgment Reserved on: 20th November, 2025 Judgment pronounced on: 6th January, 2026 CS(COMM) 228/2023 M D OVERSEAS PRIVATE LIMITED .....Plaintiff Through: Mr. Anukrit Gupta, Mr. Dev Singh, Mr. Ajay Sharma & Mr. Aarya Bhat, Advocates. versus DEUTSCHE BANK AG .....Defendant Through: Mr. Rajesh Yadav, Senior Advocate with Mr. Munawwar Naseem, Advocate. CORAM: HON'BLE MR. JUSTICE AMIT BANSAL AMIT BANSAL, J. 1. The present suit has been filed seeking recovery of a sum Rs.3,45,37,097/- along with pendente lite and future interest. The suit was filed on 13th April, 2023 and summons in the suit were issued on 19th April, 2023. The Court vide order dated 16th May, 2024 observed that no oral evidence is required in the present suit. Therefore, the suit has been adjudicated on the basis of pleadings and documents filed by the parties. BRIEF FACTS 2. The plaintiff is a company engaged in diverse businesses including manufacture and export of gold jewellery and gold medallions (‘plaintiff’). 3. The defendant is a banking company incorporated and registered under laws of Federal Republic of Germany and is carrying on business in India (‘Defendant Bank’