Djt Retailers Private Limited Vs Pacific Development Corporation Limited

¶1

$~18 & 19

¶2

IN THE HIGH COURT OF DELHI AT NEW DELHI

¶3

- O.M.P. (COMM) 254/2025, I.A. 16405/2025, I.A. 16407/2025

¶4

DJT RETAILERS PRIVATE LIMITED .....Petitioner

¶5

Through: Mr. Sandeep Sethi, Sr. Adv. with Mr. Sanjeev Kumar, Adv., Mr. Abhishek Kisku, Adv., Mr. Anshul Sehgal, Adv., Mr. Pranshu Paul, Adv. & Mr. Srajan Dixit, Adv.

¶6

versus

¶7

PACIFIC DEVELOPMENT CORPORATION LIMITED

¶8

.....Respondent

¶9

Through: Mr. Manish Vashisht, Sr. Adv. with Ms. Prachi Vashisht, Adv.

¶10

19

¶11

- OMP (ENF.) (COMM.) 181/2025

¶12

PACIFIC DEVELOPMENT CORPORATION LTD.....Decree Holder

¶13

Through: Mr. Manish Vashisht, Sr. Adv. with Ms. Prachi Vashisht, Adv.

¶14

versus

¶15

DJT RETAILERS PVT LTD .....Judgement Debtor

¶16

Through: Mr. Sandeep Sethi, Sr. Adv. with Mr. Sanjeev Kumar, Adv., Mr. Abhishek Kisku, Adv., Mr. Anshul Sehgal, Adv., Mr. Pranshu Paul, Adv. & Mr. Srajan Dixit, Adv.

¶17

CORAM: HON'BLE MR. JUSTICE JASMEET SINGH O R D E R

¶18

%

¶19

03.11.2025

¶20

This is a digitally signed order.

¶21

The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 10/11/2025 at 16:28:17

¶22

O.M.P. (COMM) 254/2025

¶23

This is a petition filed under Section 34 of the Arbitration and Conciliation Act, 1996 (“ 1996 Act ”) seeking setting aside of the Interim Order dated 10.06.2025 passed by the learned Arbitrator in the arbitral proceedings titled as “ Pacific Development Corporation Limited vs. DJT Retailers Private Limited ”.

¶24

The briefs facts are that the disputes between the parties have arisen in the context of a Licence Agreement, by virtue of which, a licence in respect of premises no. SH/LGF/06 of Pacific Mall, Jasola CPD-48, Sarita Vihar, Mathura Road, New Delhi-110024 (“ demised premises ”) has been granted by the respondent to the petitioner.

¶25

Since, there were disputed between the parties the respondent invoked arbitration and thereafter, filed a petition under Section 11 of the 1996 Act. Thereby, a Coordinate Bench of this Court vide order dated 29.11.2024 appointed the learned Arbitrator.

¶26

The impugned order has been passed with respect to an application under Order XII Rule 6 of CPC, 1908 read with Section 17 and 31(6) of the 1996 Act by the learned Arbitrator.

¶27

After some arguments, the learned senior counsels for both the parties, on instructions, state that a formula acceptable to both the parties have been arrived at, consequent to which, the learned counsel for the respondent has handed over two Demand Drafts i.e. DD No. 518550 for an amount of Rs. 26,99,628/- towards Maintenance and DD No. 518605 for an amount of Rs. 1,31,98,020/- towards Licence Fee Security, in the Court to the learned counsel for the petitioner.

¶28

The petitioner shall encash the said Demand Drafts only after handing

¶29

This is a digitally signed order.

¶30

The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 10/11/2025 at 16:28:17

¶31

over vacant and peaceful possession of the demised premises.

¶32

Mr. Sethi, learned senior counsel for the petitioner, on instructions, states that vacant and peaceful possession of the demised premises shall be handed over to the respondent/ its representative on or before 31.12.2025.

¶33

The Court has not adjudicated upon the merits of the matter and since the parties have settled the matter, the learned Arbitrator shall adjudicate the matter uninfluenced by the observations made in the Impugned Order or the Order passed today.

¶34

Accordingly, the present petition is disposed of with pending applications, if any.

¶35

OMP (ENF.) (COMM.) 181/2025

¶36

This is a petition filed under Section 36(1) and (2) of the Arbitration and Conciliation Act, 1996 seeking enforcement of the Interim Order dated 10.06.2025 passed by the learned Arbitrator in the arbitral proceedings titled as “ Pacific Development Corporation Limited vs. DJT Retailers Private Limited ”.

¶37

In view of the Order passed in O.M.P. (COMM) 254/2025 dated 03.11.2025, the present petition has become infructuous.

¶38

JASMEET SINGH, J

¶39

NOVEMBER 3, 2025/DM

¶40

This is a digitally signed order.

¶41

The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 10/11/2025 at 16:28:17

Djt Retailers Private Limited v. Pacific Development Corporation Limited

Case brief

What is this about?

What did the court decide?

Djt Retailers Private Limited v. Pacific Development Corporation Limited

Case brief

What is this about?

What did the court decide?

Why is it important?

What the court decided

Issues for consideration

Statutes considered

Procedural history

Parties & counsel

Coram

Case details

Similar cases

Parminder @ Babbal through Parokar Vs State (Govt. of N.C.T) of Delhi

M/S New Modern Technomech Pvt. Ltd. Vs Ircon International Limited & Anr.

Public Works Department, Govt. of NCT of Delhi Vs M/S. Reliance Electrik Works

Central Warehousing Corporation Vs M/S Hind Terminals Private Limited

Kriti Machinery Pvt. Ltd. Vs Micro Tech Cnc Pvt. Ltd.

Sumit Mazumder Vs India Sothebys International Realty