CS(OS) No.824 of 2012 Page 1 of 30

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HIGH COURT OF DELHI: NEW DELHI

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Judgment pronounced on: 01.06.2012

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CS(OS) No.824/2012, I.A. No.5798/2012 (u/o XXXIX,

R. 1 & 2 CPC, by plaintiff), I.A. No.6681/2012 (u/o

XXXIX, R.4 CPC, by D-2), and I.A. No.6843/2012 (u/o

XXXIX, R.4 CPC, by D-1)

CLEARWATER CAPITAL PARTNERS INDIA PVT LTD

..... Plaintiff

Through Mr. Rajiv Nayar, Sr. Adv. with

Mr. Amit Sethi, Mr. Aman Gandhi,

Mr. Saurabh Seth & Mr. Vaibhav

Mishra, Advs.

Versus

ICICI BANK LIMITED & ANR

..... Defendants

Through Mr. Atul Sharma, Adv. with

Ms. Nidhi Mehrotra, Adv. for D-1.

Ms. Maneesha Dhir, Adv. with

Mr. R.S. Paliwal & Mr. Mayank

Grover, Advs. for D-2.

CORAM:

HON'BLE MR. JUSTICE MANMOHAN SINGH

MANMOHAN SINGH, J.

1.

The plaintiff has filed the present suit for declaration seeking

declaration that Pari Passu Deed dated 22.08.2011 entered into between the

plaintiff and defendant No.1 and defendant No.2 is valid and subsisting and

also seeking consequential relief of injunctio