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High Court of DelhiARB. A. (COMM.)/39/2025

National Asset Reconstruction Company Limited v. Rohtak Hissar Tollway Private Limited & ANR.

2025-07-30Hon'Ble Mr. Justice Jasmeet Singh1 pages

$~79 *

IN THE HIGH COURT OF DELHI AT NEW DELHI

+ ARB. A. (COMM.) 39/2025 & I.A. 18107/2025, I.A. 18108/2025 NATIONAL ASSET RECONSTRUCTION COMPANY LIMITED .....Petitioner Through:

Mr. Ashish Mohan, Sr. Adv.

versus ROHTAK HISSAR TOLLWAY PRIVATE LIMITED & ANR.

.....Respondent Through:

CORAM:

HON'BLE MR. JUSTICE JASMEET SINGH

O R D E R

% 30.07.2025 1.

Mr. Mohan, learned senior counsel for the petitioner on instructions states that the appellant be permitted to withdraw the present appeal with liberty to invoke the arbitration clause contained in the Escrow Agreement dated 09.12.2013 as well as the Substitution Agreement dated 09.12.2013.

2.

Additionally, he also seeks liberty to request for constitution of the same Arbitral Tribunal seized of the disputes of "Rohtak Hissar Tollway Private Limited & Anr. v. NHAI" in order to avoid conflicting decisions.

3.

Granting the said liberty, the appeal is dismissed as withdrawn. 4.

The Court has not adjudicated the present matter upon any rights of any of the respondents to oppose the appellant taking action as per law.

JASMEET SINGH, J JULY 30, 2025/sp 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 06/08/2025 at 11:50:21