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2023 Supreme(Del) 5100

VIBHU BAKHRU, AMIT MAHAJAN
Tomorrow Sales Agency Private Limited – Appellant
Versus
Sbs Holdings, Inc. – Respondent


Advocates appeared:
Mr Shashank Garg, Mr Aman Gupta, Mr Atharva Koppal and Ms Nishtha Jain, Advocates, for the Appellant.
Mr Gautam Narayan with Ms Asmita Singh, Mr Ranjith Nair, Mr Altamash Qureshi, Ms Akriti Arya and Mr Harshit Goel, Advocates, for the Respondents.

JUDGMENT

Vibhu Bakhru, J.

Introduction

1. The appellant, Tomorrow Sales Agency Private Limited (hereafter `TSA') has filed the present intra-court appeal under Section 37 of the Arbitration and Conciliation Act, 1996 (hereafter `the A&C Act') impugning an order dated 07.03.2023 (hereafter `the impugned order') passed by the learned Single Judge in a petition filed by respondent no.1, SBS Holdings Inc. (hereafter `SBS') under Section 9 of the A&C Act being OMP(I)(COMM) 71/2023 captioned `SBS Holding Inc. v. Anant Kumar Choudhary & Others.'

2. SBS had filed the aforesaid petition, inter alia, praying that TSA and respondent nos. 2 to 4 be directed to disclose details of their assets and bank accounts and further furnish a security for a sum of SGD 12,12,838.98 (Singapore Dollars twelve lacs twelve thousand eight hundred and thirty eight and ninety eight cents), USD 2,46,196.96 (United States Dollars two lacs forty six thousand one hundred and ninety six and ninety six cents) and JPY 11,02,612 (Japanese Yen eleven lacs two thousand six hundred and twelve) aggregating to an amount of Rs.9,62,08,119/- (Indian Rupees nine crore sixty two lacs eight thousand and one hundred nineteen) as o

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