Aditya Birla Finance v. Adi Lakshmi Traders and Ors.
Case brief
What is this about?
Delhi High Court, O.M.P.(I) (COMM.) 316/2023, decided 09.07.2025 by Jyoti Singh, J. Section 9 Arbitration and Conciliation Act 1996 interim relief application by Aditya Birla Finance against Adi Lakshmi Traders and Ors. relating to Facility Agreement and Deed of Guarantee dated 30.09.2022; petition withdrawn on instructions and disposed of as withdrawn; interim order of 27.09.2023 restraining encumbrance of mortgaged property/secured assets vacated. No issues decided, no holdings, no precedents cited.
What did the court decide?
None to the Petitioner; petition permitted to be withdrawn and the interim order dated 27.09.2023 restraining the Respondents from encumbering the mortgaged property/secured assets was vacated. ¶¶15