Genesis Infratech Private Limited v. Tourism Finance Corporation of India Limited & Anr.
Case brief
What is this about?
Delhi High Court order dated 10.11.2025, Justice Jyoti Singh, in W.P.(C) 520/2025 & CM APPL. 2429/2025, Genesis Infratech Private Limited (petitioner; advocates Akhil Shankhwar, Vardan Mittal) vs Tourism Finance Corporation of India Limited & Anr. (advocate Sanjukta Roy for R-1). Subject: Article 226 challenge to NPA classification of accounts and request for stay of E-Auction notice dated 17.12.2024. Disposition: disposed of as withdrawn after execution of One Time Settlement (OTS) binding the parties; pending application also disposed. Keywords: NPA classification, E-Auction, One Time Settlement, OTS, withdrawal, Article 226, writ petition.
What did the court decide?
Permission to withdraw the writ petition; no adjudication on NPA classification or the E-Auction notice; parties to be bound by the executed One Time Settlement. ¶11