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2025 (4) TMI 1

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....ar and Mr. Ravi Sharma, Advocates For the Respondent : Mr. Aniuddh Sharma, Advocate for R-1 with Ms. Navya Nanda, Advocate (Through VC) Mr. Apratian Animesh Thakur, Mr. Lakshya Sachdeva, Mr. Yash Pratap and Ms. Ankita Rawat, Advocates for R-2 and 3 ORDER 1. The petition has been listed today by way of a supplementary list issued in the course of the day, on account of the fact that the Roster....

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....as directed, but the respondents herein are proceeding with criminal complaints against them. 4. Learned counsel for the respondents accepts that the amount Rs.21.95 Crores has been deposited. An argument was sought to be made that the order dated 03.04.2024, has been set aside by the Division Bench vide order dated 12.07.2024 in FAO (OS) (COMM) 96/2024. My attention was drawn to paragraphs 3, 4,....

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.... of the observations made in the said orders can be construed as final and conclusive in so far as the dispute/s, between the parties is concerned. Thus, the Arbitral Tribunal may proceed to adjudicate the dispute/s, uninfluenced by any observations made in the impugned orders of the learned Single Judge as well as by this Court in these proceedings. 5. The appeal is dismissed as withdrawn with....

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.... the order ineffective. In fact, the order continues to subsist as an interim order, subject to orders passed by the Arbitral Tribunal. 6. At this stage, learned counsel for the respondents state that subject to further orders of the Roster Bench, the respondents will not take any steps pursuant to the criminal complaints filed by them. Learned counsel, however, add the caveat, that they are not ....