Payard Investments Private Limited v. Reserve Bank Of India And ORS

$~5 * IN THE HIGH COURT OF DELHI AT NEW DELHI + W.P.(C) 14489/2025 & CM APPL. 59325/2025, CM APPL. 59326/2025, CM APPL. 61465/2025 PAYARD INVESTMENTS PRIVATE LIMITED .....Petitioner Through:

versus RESERVE BANK OF INDIA AND ORS .....Respondents Through:

Ms. Tanya Chowdhary, Ms. Manisha Singh, Advs.

Ms. Niyati Kohli, Adv., Ms. Prachi Dhanani, Adv., Mr. Ayush Sachan, Adv., Mr. George P. Reji, Adv. for R2-12 Ms. Awantika Manohar, Mr Nilesh Sharma, Ms Parul Dhurvey, Advs. for R13

CORAM:

HON'BLE MR. JUSTICE JASMEET SINGH

O R D E R

% 29.05.2026 1.

Since there was a holiday on 28.05.2026, the matter was taken up for hearing today.

2.

Mr. Wadhwa, learned senior counsel for the petitioner, has handed over the minutes of the meeting on 11.05.2026 which shows some progress in petitioner's favour.

3.

In this view of the matter, Mr. Wadhwa, learned counsel, on instructions seeks to withdraw the petition at this stage, with liberty to file later in case the situation so demands.

4.

Granting the said liberty, the petition is dismissed as withdrawn. 5.

The petition is disposed of.

JASMEET SINGH, J MAY 29, 2026/AS 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 02/06/2026 at 11:46:03