M/S ILD HOUSING PROJECTS PRIVATE LIMITED FORMERLY KNOWN AS INTERNATIONAL LAND DEVELOPERS PRIVATE LIMITED vs ACRES BUILDWELL PRIVATE LIMITED

$~ * IN THE HIGH COURT OF DELHI AT NEW DELHI % Judgment Reserved on: 12.05.2026 Judgment pronounced on: 29.05.2026 Judgment uploaded on: As per digital signature~ + FAO (COMM) 137/2026 CM APPL. 31934/2026 CM APPL. 31935/2026 CM APPL. 31936/2026 M/S ILD HOUSING PROJECTS PRIVATE LIMITED FORMERLY KNOWN AS INTERNATIONAL LAND DEVELOPERS PRIVATE LIMITED ..... Appellant Versus ACRES BUILDWELL PRIVATE LIMITED ..... Respondent Advocates who appeared in this case For the Appellant : Mr. Mohit Arora and Mr. Paras Arora Advocates For the Respondent : Mr. Arav Kapoor, Mr. Nitin Saluja, Mr. Mayank Agarwal, Ms. Pranya Madan and Mr. Prateek Advocates CORAM: HON'BLE MR. JUSTICE DINESH MEHTA HON'BLE MR. JUSTICE VINOD KUMAR JUDGMENT REPORTABLE Per VINOD KUMAR , J. 1. The present first appeal under Section 13 of the Commercial Courts Act, 2015 read with Order XLIII Rule 1(r) 2025. 2. For better comprehension and for the sake of convenience, the respondent would be referred as ‘Plaintiff’ and appellant would also be referred to as ‘Defendant’. 3. Before coming to the submissions of parties, it would be appropriate to briefly state the pleadings before the trial court. PLAINT 4. As per the pleadings of