Research › Search › Judgment

High Court of Delhi · body

2026 DAILYLAW 10475 (DEL)

BRISK WORLD VENTURES PRIVATE LTD. v. UNION OF INDIA & ORS.

W.P.(C)/7122/2026 · 2026-05-29

Jasmeet Singh

Writ Petition (Civil)body2026

Judgment text

Extracted from the PDF above. The PDF is authoritative.

$~19 * IN THE HIGH COURT OF DELHI AT NEW DELHI + W.P.(C) 7122/2026 BRISK WORLD VENTURES PRIVATE LTD. ....Petitioner Through: Ms. Arundhati Katju, Sr. Adv., Mr. Ritwik Mahapatra, Mr. Dhruv Sharma, Vardaan Wanchoo, Priya Patel, Shristi Borthakur, Spriha Pachauri, Advs. versus UNION OF INDIA & ORS. .....Respondents Through: Ms Himanshi Singh SPC Mr Arnav Mittal GP Mr Rohit Kumar Adv Ms Monalisha Pradhan Adv Mr. Pranjit Bhattacharya, Adv., Ms. Salonee Shukla, Adv., Ms. Shalini Singh Adv. R2 Adv Mr Dhaval Mehrotra, Adv Ms Aditi Desai, for R3 CORAM: HON'BLE MR. JUSTICE JASMEET SINGH O R D E R % 29.05.2026 CM APPL. 37707/2026 1. This is an application filed under Section 151 of the CPC, 1908, on behalf of the petitioner seeking to direct respondent No. 2 to delete the erroneous non-performing asset classification reported by the respondent No. 4. 2. For the reasons stated in the application, issue notice. 3. Ms. Singh, Mr. Bhattacharya and Mr. Mehrotra, accepts notice on behalf of the respondent Nos. 1, 2,and 3 respectively. 4. There is nobody appearing on behalf of the respondent No. 4, however, in view of urgency, the matter is being taken up for hearing. 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 02/06/2026 at 11:47:27 5. In view of the relief for which the application is filed, the main petition is taken up for hearing. W.P.(C) 7122/2026 6. Mr. Bhattacharya, learned counsel appearing for the respondent No. 2, states that the respondent No. 2 is only a repository and acts on the information supplied by the respondent No. 4. 7. At this stage, Ms. Katju, learned senior counsel on instructions, draws my attention to a letter dated 17.12.2025 which reads as under: 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 02/06/2026 at 11:47:27 8. A perusal of the said letter shows that the petitioner is not undergoing financial stress or default but it was only due to a resulted in delayed payments in violation of the arrangement between the parties. 9. The learned counsel for the petitioner states that the grievance of the A perusal of the said letter shows that the petitioner is not undergoing financial stress or default but it was only due to a technical issue which has resulted in delayed payments in violation of the arrangement between the The learned counsel for the petitioner states that the grievance of the A perusal of the said letter shows that the petitioner is not undergoing technical issue which has resulted in delayed payments in violation of the arrangement between the The learned counsel for the petitioner states that the grievance of the 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 02/06/2026 at 11:47:27 petitioner will stand addressed if the respondent No. 4 is directed give a hearing to the representative of the petitioner and in case the petitioner is able to satisfy respondent No. 4, the respondent No. 4 may convey the information to respondent No. 2, accordingly. 10. To my mind, the said request is reasonable and in accordance with the principles of natural justice. 11. For the said reasons, the representative/duly authorized officer of the petitioner, will appear before the concerned officer of respondent No. 4 within 2 weeks from today and in case respondent No. 4 is satisfied that the petitioner is not at fault and there are no reasons to downgrade the CIBIL rating of the petitioner, the respondent No. 4 shall convey that information/decision to the respondent No. 2, within 1 week thereafter. 12. With these directions the petition is disposed off, granting liberty to the petitioner to revive the same in case the grievance of the petitioner is not addressed. 13. This court has not commented on the maintainability or merits of the present petition. 14. The next date of hearing fixed earlier i.e., 08.07.2026 stands cancelled. JASMEET SINGH, J MAY 29, 2026/AS 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 02/06/2026 at 11:47:27