SAI PRECIOUS TRAEXIM PVT LTD AND ANR v. AKASA FINANCE LIMITED
O.M.P. (COMM)/328/2025 · 2026-03-17
Harish Vaidyanathan Shankar
body2025
DailyLaw.ai
[ 2025 DAILYLAW 967 (DEL) · dailylaw.ai ]
DailyLaw.ai
[ 2025 DAILYLAW 967 (DEL) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
$~29 * IN THE HIGH COURT OF DELHI AT NEW DELHI + O.M.P. (COMM) 328/2025, I.A. 19950/2025 (For Stay) & I.A. 29881/2025 (For Delay 46 days in filing the Reply)
SAI PRECIOUS TRAEXIM PVT LTD AND ANR .....Petitioners
Through: Ms. Pratiti Rungta, Adv.
versus
AKASA FINANCE LIMITED
.....Respondent
Through: Mr. Arvind Jadon, Adv.
CORAM:
HON'BLE MR. JUSTICE HARISH VAIDYANATHAN SHANKAR
O R D E R %
17.03.2026
1.
Learned counsel appearing on behalf of the Petitioner, on instructions, submits that in view of the preliminary objections taken with respect to the pecuniary jurisdiction of this Court to entertain the present Petition, she seeks liberty to withdraw the present Petition and take such steps as are available to her under law inter alia to prefer an appropriate Petition before the concerned learned District Court.
2.
Learned counsel appearing on behalf of the Respondent undertakes to cooperate in ensuring that the pleadings are completed at the earliest upon the Petitioner taking the necessary steps to file an appropriate Petition.
3. Accordingly, the liberty to withdraw the present Petition is granted in the afore-stated terms and the present Petition stands dismissed as withdrawn.
HARISH VAIDYANATHAN SHANKAR, J MARCH 17, 2026/JYH/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 19/03/2026 at 13:17:50