O.M.P.(I) (COMM.) 399/2018 & OMP (ENF.) (COMM.) 159/2019 Page 1 of 12

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IN THE HIGH COURT OF DELHI AT NEW DELHI

Date of decision: 08 August, 2023

+

O.M.P.(I) (COMM.) 399/2018 and CCP(O) No.35/2022 & I.A.

Nos.2614/2020 & 15336/2022

LANDMARK PROPERTY DEVELOPMENT AND COMPANY

LIMITED & ORS.

.....Petitioners

Through: Mr. Amit Sibal, Senior Advocate with

Ms. Ruby Singh Ahuja, Mr. Manmeet

Kaur, Mr. Gurtejpal Singh, Mr. Vasu

Singh, Mr. Abhishek Rana, Ms.

Aashna Arora and Ms. Vinamra

Kopriha, Advocates.

versus

ANSAL PROPERTIES & INFRASTRUCTURE LIMITED & ORS.

.....Respondents

Through:

Mr. Ashwani Kumar Mata, Senior

Advocate with Mr. NPS Chawla, Mr.

Sujoy Datta, Ms. Nishtha Khurana,

Ms. Mahima Shekhwat and Mr.

Karan Gaur, Advocates.

Mr. Anirudh Bakhru, Mr. Ayush Puri,

Mr. Umang Tyagi, Mr. K. Madnani,

Mr. Vijay Laxmi Rathi and Ms.

Pragya Choudhary, Advocates for

JD-2.

Mr. Gaurav H Sethi and Mr. Anant

Bajpai, Advocates for R-1 and R-3.

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OMP (ENF.) (COMM.) 159/2019 & CCP(O) 28/2022,

EX.APPL.(OS) 1076/2019, 206/2020, 208/2020, 210-213/2020,

278/2021, 437/2021, 440/2021, 468-469/2021, 969/2021,

1134/2021,

2826/2022,

3231-3232/2022, 3235/2022,

19/2023,

257/2023

Digitally Signed

By:DIVYA SHARMA

Signing Date:08.08.2023

16:45:07

Signature Not Verified

O.M.P.(I) (COMM.) 399/2018 & OMP (ENF.) (COMM.) 159/2019 Page 2 of 12

LANDMARK PROPERTY DEVELOPMENT AND COMPANY

LTD. & ORS.

..... Decree Holders

Through:

Mr. Amit Sibal, Senior Advocate with

Ms. Ruby Singh Ahuja, Mr. Manmeet

Kaur, Mr. Gurtejpal Singh, Mr. Vasu

Singh, Mr. Abhishek Rana, Ms.

Aashna Arora and Ms. Vinamra

Kopriha, Advocates.

versus

ANSAL PROPERTIES & INFRASTRUCTURE LTD. & ORS.

..... Judgement Debtors

Through:

Mr. Sujoy Datta, Ms. Nishtha

Khurana and Ms. Mahima Shekhawat

Advocates.

Mr. Anirudh Bakhru, Mr. Ayush Puri,

Mr. Umang Tyagi, Mr. K. Madnani,

Mr. Vijay Laxmi Rathi and Ms.

Pragya Choudhary, Advocates for JD-

2.

Mr. Gaurav H Sethi and Mr. Anant

Bajpai, Advocates for R-1 and R-3.

HON'BLE MR. JUSTICE ANUP JAIRAM BHAMBHANI

J U D G M E N T

ANUP JAIRAM BHAMBHANI J.

I.A No.11507/2022 in O.M.P.(I)(COMM.) No. 399/2018

EX.APPL. (OS) No. 2906/2022 in OMP (ENF.) (COMM.) No. 159/2019

By way of the present judgment, this court proposes to dispose-

of applications bearing I.A. No.11507/2022 filed in O.M.P. (I)

(COMM.) No.399/2018 and EX.APPL. (OS) No.2906/2022 filed in

OMP (ENF.) (COMM.) No.159/2019 by M/s Landmark Property

Development and Company Limited & Ors. (‘decreeholders’) seeking

Digitally Signed

By:DIVYA SHARMA

Signing Date:08.08.2023

16:45:07

Signature Not Verified

O.M.P.(I) (COMM.) 399/2018 & OMP (ENF.) (COMM.) 159/2019 Page 3 of 12

release of the sums of Rs. 13 crores and Rs. 3,09,42,000/- respectively,

that have been deposited by M/s Ansal Properties & Infrastructure

Limited & Ors (‘judgmentdebtors’) in compliance of order/judgment

dated 29.05.2019 and 05.01.2022, as detailed hereinafter.

2.

This court has heard Mr. Amit Sibal, learned senior counsel appearing

on behalf of the decree-holders; and Mr. Ashwani Kumar Mata, learned

senior counsel appearing on behalf of the judgement-debtors on the

present applications.

Submissions on behalf of Decree-Holders

3.

The decree-holders seek release of the deposited amounts for the

following reasons :

3.1It is submitted that calculating the awarded amount as due upto

12.05.2023, as per the arbitral award, the judgement-debtors are

liable to pay to the decree-holders the sum of about Rs. 278

crores; which however has not been done and only small sums

have been deposited by the judgement-debtors in court pursuant to

orders made by this court;

3.2It is submitted that the petition under section 9 of the A&C Act

was filed to protect the awarded amount; and pursuant to order

dated 25.04.