SUSHANT GAMBHIR & ORS. vs MRJ INFRATECH LTD. & ORS.

$~57 & 58 * IN THE HIGH COURT OF DELHI AT NEW DELHI Date of decision: 05.05.2026 + O.M.P. (COMM) 237/2025, I.A. 15564/2025, I.A. 15565/2025 & I.A. 15566/2025 SUSHANT GAMBHIR & ORS. .....Petitioners Through: Mr. Akshit Sachdeva, Mr. Rohan Sehrawat & Mr. Arun Kumar, Advocates. versus MRJ INFRATECH LTD. & ORS. .....Respondents Through: Mr. Vineet Jhanji, Mr. Imran Moulaey and Ms. Ritika Jhanji, Advs. 58 + O.M.P. (COMM) 350/2025, I.A. 21491/2025 & 21493/2025 MRJ INFRATECH PRIVATE LIMITED & ORS. ...Petitioners Through: Mr. Vineet Jhanji, Mr. Imran Moulaey and Ms. Ritika Jhanji, Advs. versus SUSHANT GAMBHIR & ORS. .....Respondents Through: Mr. Akshit Sachdeva, Mr. Rohan Sehrawat Mr. Arun Kumar, Advocates. CORAM: HON'BLE MR. JUSTICE AVNEESH JHINGAN AVNEESH JHINGAN, J. (ORAL) 1. These two petitions under Section 34 of the Arbitration and Conciliation Act, 1996 (for short ‘the Act’) are filed against the award dated 21.03.2025 dismissing the claims of Sushant Gambhir & Ors. and counter-claims of MRJ Infratech Ltd & Ors. as time barred. 2. The brief facts are that on 05.04.2017, Mr. Ravinder Kumar Juneja and Ms. Rashmi Juneja (hereinafter referred to as ‘sellers’) entered into an agreement w