Review Pet. 71/2021 in ARB. A. (COMM.) 13/2020 Page 1 of 26

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IN THE HIGH COURT OF DELHI AT NEW DELHI

Reserved on : 31^st January, 2022

Pronounced on: 4^th February, 2022

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REVIEW PET. 71/2021 in

ARB. A. (COMM.) 13/2020

EDELWEISS ASSET RECONSTRUCTION COMPANY

LIMITED, ACTING IN ITS CAPACITY AS TRUSTEE OF

THE EARC TRUSTS SC-338,343,366 AND 389 ..... Appellant

Through:Mr. Harish N. Salve and Mr.

Neeraj Kishan Kaul, Sr. Advs. with Ms.

Misha, Mr. Sidhant Kant, Ms. Mahima

Sareen, Ms. Moulshree Shukla, Mr. Daksh

Kadian and Mr. Ramchandar Madan, Advs.

versus

GTL INFRASTRUCTURE LIMITED AND ANR. Respondents

Through:

Mr. Parag Tripathy Sr. Adv.

with Mr. D.N.Ray, Mr. Rohan Rajadhyaksha

Adv, Mr. Ninad Laud, Ms. Disha Ray, Ms.

Sumita Ray and Mr. Dillip Kumar Nayak

Advocates for Respondent No 1, GTL

Infrastructure Ltd.

Mr. Rajiv Nayar, Sr. Adv. with Mr. Saket

Sikri and Mr. Ajay Pal Singh Kullar,

Advocates for Respondent No. 2

CORAM:

HON’BLE MR. JUSTICE C. HARI SHANKAR

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J U D G M E N T

04.02.2022

(By Video Conference on account of COVID-19)

1.

This is a somewhat unusual Review Petition,