Research › Search › Judgment

High Court of Delhi · body

2017 DAILYLAW 5081 (DEL)

SINNAR THERMAL POWER LIMITED v. BHARAT HEAVY ELECTRICALS LTD.

O.M.P. (COMM)/373/2017 · 2026-03-12

Harish Vaidyanathan Shankar

body2017

Judgment text

Extracted from the PDF above. The PDF is authoritative.

$~21 & 22 * IN THE HIGH COURT OF DELHI AT NEW DELHI + O.M.P. (COMM) 373/2017, I.A. 12102/2017 (Ex. From filing the original arbitral award dt. 27.07.2017) & I.A. 12165/2017 (Stay) SINNAR THERMAL POWER LIMITED .....Petitioner Through: None. versus BHARAT HEAVY ELECTRICALS LTD. .....Respondent Through: Mr. Rameezuddin Raja and Ms. Aditi Sharma, Advocates. 22 + OMP (ENF.) (COMM.) 150/2017, EX.APPL.(OS) 83/2022 (Filed on behalf of the decree holder seeking a direction) & I.A. 13753/2017 (U/O XXI Rule 41) BHARAT HEAVY ELECTRICALS LTD. .....Decree Holder Through: Mr. Rameezuddin Raja and Ms. Aditi Sharma, Advocates. versus SINNAR THERMAL POWER LIMITED .....Judgement Debtor Through: None. CORAM: HON'BLE MR. JUSTICE HARISH VAIDYANATHAN SHANKAR O R D E R % 12.03.2026 1. Mr. Rameezuddin Raja, learned counsel appearing on behalf of Bharat Heavy Electricals Ltd./Decree Holder, submits that Sinnar Thermal Power Limited was admitted to the Resolution Process, pursuant to which, a Resolution Plan, in respect of Sinnar Thermal This is a digitally signed order. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 18/03/2026 at 15:45:35 Power Limited, was approved, vide Order dated 28.11.2025, by the learned National Company Law Tribunal [“NCLT”]. 2. Further, he fairly submits that the amounts as awarded to the Decree Holder by way of Arbitral Award dated 27.07.2017 were made part of the claims that were lodged with the Resolution Professional during the Resolution Process. 3. This Court is of the opinion that since the learned NCLT has already approved the Resolution Plan, there arises no occasion for the present proceedings to remain pending. 4. In view of the foregoing, the present Petitions stand disposed of. 5. A photocopy of the order passed today be kept in the connected matter. HARISH VAIDYANATHAN SHANKAR, J. MARCH 12, 2026/tk/dj This is a digitally signed order. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 18/03/2026 at 15:45:35