High Court of DelhiOMP (ENF.) (COMM.)/135/2021

M/S C.P. And Associates Pvt. Ltd. & ANR. v. India Tourism Development Corporation Ltd

2025-04-30Hon'Ble Mr. Justice Jasmeet Singh2 pages

$~O2 * IN THE HIGH COURT OF DELHI AT NEW DELHI + OMP (ENF.) (COMM.) 135/2021 M/S C.P. AND ASSOCIATES PVT. LTD. & ANR.

.....Decree Holder Through:

Mr. Sanyat Lodha and Ms.

Shivani Mehta, Advs.

versus INDIA TOURISM DEVELOPMENT CORPORATION LTD .....Judgement Debtor Through:

CORAM:

JOINT REGISTRAR (JUDICIAL) BHAWANI SHARMA

O R D E R

% 18.12.2025 File is placed before this Court vide order dated 30.04.2025 for releasing the amount to the decree holder subject to furnishing the bank guarantee for the balance amount, if any. It is submitted that vide order of Hon'ble Court dated 30.04.2025, it is hereby clarified that the accrued interest on the amount deposited by the judgment-debtor shall be paid to the decreeholder subject to furnishing a bank guarantee for the balance amount, if any, without prejudice to the rights and contentions of the parties in the pending section 37 petition and in addition, the petition bearing no. FAO(OS)(COMM) 4/2022 may be read as FAO(OS)(COMM) 5/2022 in the order dated 23.01.2024 passed in OMP (ENF.) (COMM.) 134/2021.

It is submitted that the bank guarantee already furnished by DH1 addresses the amount of interest so accrued, however, qua DH-2 there is extra amount for which additional bank guarantee is required to be given.

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 26/12/2025 at 12:12:58

Learned counsel for DH-2 seeks some time to file the bank guarantee for extra amount as prayed by or before the next date of hearing. Heard. Allowed.

Let the needful be done before the next date of hearing. As prayed, consolidated chart of calculation of the amount so accrued be filed by the next date of hearing with direction to exchange the copy of the opposite side.

Renotify on 24.12.2025.

Decree holder shall ensure the presence of banker who may join the proceedings either through video conferencing or by appearing in person in the Court for verification of bank guarantee. BHAWANI SHARMA JOINT REGISTRAR (JUDICIAL) DECEMBER 18, 2025/yo 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 26/12/2025 at 12:12:58