Research › Search › Judgment

High Court of Delhi · body

2026 DAILYLAW 14355 (DEL)

JK LAKSHMI CEMENT LIMITED & ANR. v. OM LAKSHMI GLOBAL VENTURES LIMITED & ORS.

O.M.P.(I) (COMM.)/213/2026 · 2026-08-12

Tushar Rao Gedela

body2026

Judgment text

Extracted from the PDF above. The PDF is authoritative.

$~40 * IN THE HIGH COURT OF DELHI AT NEW DELHI # CNR No. DLHC010225092026 + O.M.P.(I) (COMM.) 213/2026 JK LAKSHMI CEMENT LIMITED & ANR. .....Petitioners Through: Mr. Mann Nair, Mr. Manik Singh and Ms. Zubia Rehan, Advocates. versus OM LAKSHMI GLOBAL VENTURES LIMITED & ORS. .....Respondents Through: Mr. Praveen Kumar, Mr. Sarthak Gupta, Mr. Suman Raj and Mr. Nikunj Tripathi, Advocates for R-1. CORAM: HON'BLE MR. JUSTICE TUSHAR RAO GEDELA O R D E R % 12.08.2026 I.A. 21714/2026 (Early Hearing) 1. This is an application under Section 151 of the Code of Civil Procedure, 1908, filed on behalf of the petitioners seeking early hearing of the petition. 2. For the reasons stated, the application is allowed. 3. The petition is taken up today. 4. The application is disposed of. O.M.P.(I) (COMM.) 213/2026 5. Learned counsel for the parties state that three member Arbitral Tribunal has already been constituted on 08.08.2026 and state that the present petition may be treated as one under Section 17 of the Arbitration and Conciliation Act, 1996 (hereafter referred to as “the Act”) and be placed before the Tribunal for appropriate orders. 6. In view of the aforesaid statement of learned counsel for both the parties, it is deemed appropriate to treat the present petition as one under Section 17 of 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 18/08/2026 at 11:37:11 the Act, which may be placed before the learned Arbitral Tribunal for consideration. 7. Alternatively, the liberty is granted to petitioners to file a fresh application for the same relief before the Arbitral Tribunal, which may be considered by the Tribunal as expeditiously as possible. 8. The application is disposed of in above terms. TUSHAR RAO GEDELA, J AUGUST 12, 2026/Sumit 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 18/08/2026 at 11:37:11