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2025 DAILYLAW 4875 (DEL)

MAHALAKSHMI INFRAENGINEERS PVT LTD v. OCUS SKYSCRAPERS REALTY PRIVATE LIMITED

OMP (ENF.) (COMM.)/27/2025 · 2026-05-19

Harish Vaidyanathan Shankar

body2025

Judgment text

Extracted from the PDF above. The PDF is authoritative.

$~24 * IN THE HIGH COURT OF DELHI AT NEW DELHI + OMP (ENF.) (COMM.) 27/2025 MAHALAKSHMI INFRAENGINEERS PVT LTD .....Decree Holder Through: Mr. Sanjeev Aanand, Senior Advocate along with Mr. Bipin Kumar Prabhat, Mr. Ashok Kumar Verma and Mr. Kislaya Prabhat, Advocates. versus OCUS SKYSCRAPERS REALTY PRIVATE LIMITED .....Judgement Debtor Through: Mr. Lokesh Bhola and Mr. Rukun Vadehra, Advocates. CORAM: HON'BLE MR. JUSTICE HARISH VAIDYANATHAN SHANKAR O R D E R % 19.05.2026 1. The present Petition, filed under Section 36(1) of the Arbitration and Conciliation Act,1996 [“Act”], seeks the enforcement of the consent award dated 12.09.2018, which was passed in terms of the Settlement Agreement dated 11.08.2018[“Settlement Agreement”] entered into between the parties, insofar it relates to non-performance by the Judgement Debtor of its obligation towards the third party, namely, PSY Infrastructure Private Limited [“Third party”], in terms of the aforesaid Settlement Agreement. 2. Learned senior counsel appearing on behalf of the Decree Holder however submits that the Judgment Debtor has placed on record the bank statement evidencing that the liability towards the Third party stands discharged. It is further submitted that, as on date, 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 22/05/2026 at 12:04:22 no demand, claim, or proceedings have been initiated or pending as against the Decree Holder in respect of any alleged liability qua the said Third party. 3. Learned counsel for the Decree Holder therefore seeks the leave of this Court to withdraw the present Petition, with liberty to revive the same, in the event any claim or liability is subsequently sought to be raised by the said Third party against the Decree Holder in respect of the obligations of the Judgment Debtor to make payments to the third party in terms of the Settlement Agreement as between the parties herein. 4. Leave and liberty, as sought for, are granted. 5. Accordingly, the present Petition, along with pending Application(s), stands disposed of in the above terms. HARISH VAIDYANATHAN SHANKAR, J. MAY 19, 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 22/05/2026 at 12:04:22