Ms Vistrat Real Estate Private Limited v. Tata Steel Limited & ORS.

$~110 *

IN THE HIGH COURT OF DELHI AT NEW DELHI

+ FAO(OS) (COMM) 67/2025 M/S VISTRAT REAL ESTATE PRIVATE LIMITED .....Appellant Through:

Mr Arvind Nayyar, Senior Advocate with Ms Ranjana Roy Gawai, Ms Vasudha Sen, Mr Vineet Wadhwa and Ms K. Hema, Advocates.

versus TATA STEEL LIMITED & ORS.

.....Respondents Through:

Mr Sumit Bansal, Senior Advocate with Mr Siddharth Pandey, Ms Saravna Vasanta, Mr Arvind Thapliyal and Ms Tulna Rampal, Advocates.

CORAM:

HON'BLE MR. JUSTICE VIBHU BAKHRU HON'BLE MR. JUSTICE TEJAS KARIA

O R D E R

% 23.04.2025 CM APPL. 23746/2025 1.

Exemption is allowed, subject to all just exceptions. 2.

The application stands disposed of.

FAO(OS) (COMM) 67/2025 and CM APPL. 23745/2025 3.

The learned counsel appearing for the appellant states that he has instructions to withdraw the said appeal in the light of the decision rendered by the Coordinate Bench of this Court in FAO(OS)(COMM) 60/2025, FAO(OS)(COMM) 61/2025, FAO(OS)(COMM) 62/2025, FAO(OS)(COMM) 63/2025 and FAO(OS)(COMM) 64/2025 passed on 21.04.2025.

4.

The learned counsel also drew the attention of this Court to paragraph 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 01/07/2025 at 15:02:35

nos.10 and 11 of the said order. The same are reproduced below: "10. Ld. Counsels for the Respondents further submit that the Respondents do not insist on the Directors and the Promoters of the Respondent Company being made parties to the arbitration. Therefore, they are willing to drop Mr. Rohit Sinha, Mr. Daupal Bharti, Mr. Shailendra Singh Bhadoria and Mr. Neeraj Singal from the memo of parties for the arbitration proceedings as well.

11. Under these circumstances, the parties are referred to the Sole Arbitrator in terms of the said two impugned orders. The arbitration proceedings shall continue between M/s. Tata Steel Limited and M/S Vistrat Real Estate Pvt. Ltd., i.e., the two corporate entities."

5.

The present appeal is dismissed as withdrawn. The pending application is also disposed of.

VIBHU BAKHRU, J TEJAS KARIA, J APRIL 23, 2025 RK Click here to check corrigendum, if any 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 01/07/2025 at 15:02:35