Institute Of Human Behaviour And Allied Sciences v. Mi 2 C Securities And Facilities

$~53 * IN THE HIGH COURT OF DELHI AT NEW DELHI + O.M.P. (COMM) 286/2024 INSTITUTE OF HUMAN BEHAVIOUR AND ALLIED SCIENCES .....Petitioner Through:

Mr. Tushar Sannu, Standing Counsel and Mr.

Fajallu Rehman, Adv.

versus MI 2 C SECURITIES AND FACILITIES .....Respondent Through:

Mr. Rajesh Gogna, Ms. Rebina Rai, Ms. Hibu B. Monio, Ms.

Punita Jha and Mr. Shivam Tiwari, Advs. Advocates

CORAM:

HON'BLE MR. JUSTICE HARISH VAIDYANATHAN SHANKAR

O R D E R

% 27.04.2026 I.A. 11683/2026 (Filed on behalf of the decree holder, seeking release of the deposited principal amount) 1.

The present Application has been filed under Section 151 of the Code of Civil Procedure, 1908 read with Section 36 of the Arbitration and Conciliation Act, 1996 seeking release/disbursement of the principal awarded amount deposited with the Registry of this Court of Rs. 1,37,05,429/- and the interest accrued there upon, if any. 2.

Learned counsel appearing on behalf of the Petitioner, on instructions, submits that since the execution proceedings in respect of the present award is already pending and is likely to be listed on 08.05.2026, liberty be granted to withdraw the present Application and press for the reliefs as sought for herein in the said execution proceedings.

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 30/04/2026 at 13:07:07

3.

Liberty, as sought for, is granted.

4.

Accordingly, the present Application stands dismissed as withdrawn.

HARISH VAIDYANATHAN SHANKAR, J.

APRIL 27, 2026/JYH/DJ 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 30/04/2026 at 13:07:07