OMP No. 951/2011 & CS (OS) 277/2012

Page 1 of 24

IN THE HIGH COURT OF DELHI AT NEW DELHI

O.M.P. 951/2011 & IA Nos. 1572, 1573/2012

Reserved on: February 16, 2012

Decided on: February 23, 2012

CLEARWATER CAPITAL PARTNERS

(CYPRUS) LIMITED

..... Petitioner

Through:

Mr. Rajiv Nayyar and Mr. N.K. Kaul,

Senior Advocates with

Mr. Amit Sethi and Mr. Aman Raj

Gandhi, Advocates.

versus

SATYAJIT SINGH MAJITHIA

AND OTHERS

..... Respondents

Through:

Mr. A.S. Chandhiok and Mr. Sandeep

Sethi, Senior Advocates with

Ms. Maneesha Dhir, Mr. Kshitij

Khera and Mr. R.S. Paliwal,

Advocates.

AND

CS (OS) 277/2012 & IA Nos. 2139, 2985/2012

GURMEHER SINGH MAJITHIA & ORS

..... Plaintiffs

Through:

Mr. A.S. Chandhiok and Mr. Sandeep

Sethi, Senior Advocates with

Ms. Maneesha Dhir, Mr. Kshitij

Khera and Mr. R.S. Paliwal,

Advocates.

versus

M/S CLEARWATER CAPITAL

PARTNERS(CYPRUS) LIMITED & ANR

..... Defendants

Through:

Mr. Rajiv Nayyar and

Mr. N.K. Kaul, Senior Advocates,

2012:DHC:1246

OMP No. 951/2011 & CS (OS) 277/2012

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With Mr. Amit Sethi and Mr. Aman

Raj Gandhi, Advocates.

CORAM: JUSTICE S.MURALIDHAR

JUDGMENT

23.02.2012

1. OMP No. 951 of 2011 under Section 9 of the Arbitration and Concili