Delhi High Court · 2026-03-24
SK FINANCE LIMITED vs UP MONEY LIMITED
- Citation / case number
- O.M.P.(I) (COMM.)-494/2025 2026:DHC:2501
- Court
- Delhi High Court
- Petitioner
- SK FINANCE LIMITED
- Respondent
- UP MONEY LIMITED
Judgment text excerpt
IN THE HIGH COURT OF DELHI AT NEW DELHI Date of Decision : 24.03.2026 + O.M.P.(I) (COMM.) 494/2025 SK FINANCE LIMITED .....Petitioner Through: Mr. J. Sai Deepak, Senior Advocate with Mr. Susshil Daga, Mr. R. Abhishek, Mr. Utkarsh Misra, Mr. Ashish Sharma and Ms. Parul Singhal, Advocates versus UP MONEY LIMITED .....Respondent Through: Mr. Kunal Tandon, Senior Advocate with Mr. Abhinav Agnihotri, Mr. Gitesh Chopra, Mr. Siddharth Singh, Ms. Natasha and Ms. Shreni Taran, Advocates 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, 1996 [“Act”], seeks the following reliefs: “a. Direct the Respondent to fully cooperate with the Petitioner in contacting the obligors/borrowers and to forthwith facilitate and enable the collection of the Assigned Receivables in accordance with the terms of the Servicing Agreement; or alternatively; Direct the Respondent to forthwith deposit all receivables, collections, recoveries, and/or payments received or realized from the borrowers/obligors in respect of the Assigned Assets into a 7.5 of the Servicing Agreement dated