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2025 DAILYLAW 4193 (DEL)

IIFL FINANCE LIMITED & ORS. v. ASSET CARE AND RECONSTRUCTION ENTERPRISE LIMITED

CRL.M.C./7419/2025 · 2026-02-12

Prateek Jalan

body2025

Judgment text

Extracted from the PDF above. The PDF is authoritative.

CRL.M.C. 7365/2025 & Connected Matters $~41 to 43 * IN THE HIGH COURT OF DELHI AT NEW DELHI + CRL.M.C. 7365/2025 & CRL.M.As. 30907-30909/2025 ARUN KUMAR PURWAR & ORS. .....Petitioners versus ASSET CARE AND RECONSTRUCTION ENTERPRISE LIMITED AND ANR. .....Respondents + CRL.M.C. 7419/2025 & CRL.M.As. 31094-31096/2025 IIFL FINANCE LIMITED & ORS. .....Petitioners versus ASSET CARE AND RECONSTRUCTION ENTERPRISE LIMITED .....Respondent + CRL.M.C. 7434/2025 & CRL.M.As. 31151-31153/2025 RAMAKRISHNAN SUBRAMANIAN & ORS. .....Petitioners versus ASSET CARE AND RECONSTRUCTION ENTERPRISE LIMITED & ANR. .....Respondents Appearance:- Mr. Aman Raj Gandhi, Mr. Vardaan Bajaj, Ms. Ojasvi Sharma and Mr. Chaitanya Sharma, Advocates for Petitioners. Mr. Shivkrit Rai, Mr. Prithvi Sinha and Ms. Apeksha Singh, Advocates for R1. CORAM: HON’BLE MR. JUSTICE PRATEEK JALAN O R D E R % 12.02.2026 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 16/02/2026 at 12:26:04 CRL.M.C. 7365/2025 & Connected Matters Mr. Vardaan Bajaj, learned counsel for the petitioners, seeks permission to withdraw these petitions on account of a settlement between the parties. He submits that the offences have been compounded by order dated 10.01.2026, passed by the learned Judicial Magistrate First Class. Accordingly, the petitions, alongwith pending applications, are dismissed as withdrawn. PRATEEK JALAN, J FEBRUARY 12, 2026 ‘pv/KA’/ 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 16/02/2026 at 12:26:04