V.K. SHARMA vs JVG FINANCE LIMITED (IN LIQUIDATION)

$~ * IN THE HIGH COURT OF DELHI AT NEW DELHI % Judgment reserved on: 20.12.2025 Judgment pronounced on:16.01.2026 Judgment uploaded on:17.01.2026 CO.APP. 29/2023, CM APPL. 66051/2023, CM APPL. 11786/2024, CM APPL. 21188/2024, CM APPL. 33070/2024, CM APPL. 12608/2025, CM APPL. 30563/2025, CM APPL. 56756/2025 V.K. SHARMA .....Appellant Through: Mr. Rajeev Bhalla, Senior Advocate with Mr. Rakesh Kumar, Mr. Anjaneya Mishra, Mr. Sahil Yadav, Mr. Nidhish Gupta, Mr. Faizeen Hussain Khan, Mr. Shubham Bhalla, Ms. Gauri Bedi, Ms. Neha Verma and Mr. Aman Khatri, Advocates. versus JVG FINANCE LIMITED (IN LIQUIDATION) .....Respondent Through: Mr. Gaurav Gupta, Senior Standing Counsel for Income Tax Department. Ms. Ruchi Sindwani, Senior Standing Counsel with Ms. Megha Bharara, Advocate for Official Liquidator. Mr. Ankur Mittal and Mr. Aviraj Pandey, Advocates for Intervenor/Applicant in CM APPL. 21188/2024 Mr. Sandeep Sethi and Mr. Aseem Chawla, Senior 2. CO.APP. 11/2024 ABR EMERALD LLP .....Appellant Through: Mr. Mukul Gupta, Sr. Adv. with Mr. Aayush Agarwala, Mr. Anuj P. Agarwala, Mr. Sumit Mishra & Mr. Vipul Singh, Advs. versus THE OFFICIAL LIQUIDATOR & ANR. .....Respondents Through: Mr. Gau