M/S Devyani International Ltd. v. M/S. Shree Lakshmi Road Transport Corporation And & ORS.

$~12 * IN THE HIGH COURT OF DELHI AT NEW DELHI + O.M.P.(I) (COMM.) 170/2025 M/S DEVYANI INTERNATIONAL LTD.

.....Petitioner Through:

Ms. Vijaya Singh, Advocate and Mr.

Gyanendra Kumar, Advocates.

versus M/S. SHREE LAKSHMI ROAD TRANSPORT CORPORATION AND & ORS.

.....Respondents Through:

Mr. Deepak Vohra and Mr. Nishant Gupta, Advocates.

CORAM:

HON'BLE MS. JUSTICE JYOTI SINGH

O R D E R

% 26.05.2025 1.

This petition is filed by the Petitioner under Section 9 of the Arbitration and Conciliation Act, 1996 seeking various reliefs. 2.

Amongst various other objections to the maintainability of this petition, learned counsel for the Respondents raises an objection to the pecuniary jurisdiction of this Court to entertain this petition based on the valuation as per the list of assets appended by the Petitioner as Document-7. 3.

This Court finds merit in the objection looking at the valuation of the list of assets, this petition cannot be entertained for lack of pecuniary jurisdiction of this Court.

4.

At this stage, learned counsel for the Petitioner, on instructions, seeks to withdraw the petition to approach the Court of competent jurisdiction O.M.P.(I) (COMM.) 170/2025 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 16:21:15

having pecuniary jurisdiction.

5.

The petition is dismissed as withdrawn, with liberty as prayed for, in accordance with law.

6.

It is made clear that this Court has neither entered into nor expressed any opinion on the merit of the case.

JYOTI SINGH, J MAY 26, 2025/RW O.M.P.(I) (COMM.) 170/2025 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 16:21:15