$~64

* IN THE HIGH COURT OF DELHI AT NEW DELHI

+ W.P.(C) 196/2026

MR RAJESH KUMAR & ANR. .....Petitioners

Through: Ms. Muskan Jain, Mr. Ayush Tyagi,

Advs. versus

INDIABULLS HOUSING FINANCE LIMITED & ORS.

.....Respondents

Through:

CORAM:

HON'BLE MR. JUSTICE JASMEET SINGH

O R D E R

% 08.01.2026

CM APPL. 928/2026

Exemptions granted, subject to all just exceptions.

The application is disposed of.

W.P.(C) 196/2026

1. This is a writ petition filed under Article 226 and 227 of the

Constitution of India seeking the following prayers:-

“1. Allow the instant Petition thereby issuing a Writ of the Mandamus or any other appropriate writ directing the Respondent no.1 banks/NBFCs to not charge the pre-EMIs or full EMIs from the Petitioners under subvention plan scheme till the delivery of

possession of booked that;

2. Issue a Writ of Mandamus or any other appropriate writ directing the Banks/NBFCs I.e. Respondent No.1 to charge all the pre-EMIs/full EMIs from the Respondent No.3 till the possession is

not delivered from the Respondent builders;

3. Issue a Writ of Mandamus or any other appropriate writ directing Respondent No 1 &Respondent No. 3 to not take coercive steps/ action against petitioners under The Securiti