Allowed

Emaar Mgf Construction Pvt. Ltd. v. Asha Arora & Ors.

Delhi HC21 Jan 2026O.M.P. (COMM)/588/2020

Case brief

AI extract

What is this about?

Respondents sought release of a deposited amount under Section 151 CPC after the Section 34 arbitration challenge was disposed of in terms of a settlement agreement. The court allowed the application and directed the Registrar General to release the deposited sum with accrued interest.

What did the court decide?

Application allowed; Registrar General directed to release deposited amount with accrued interest to Respondent No. 2's bank account forthwith.

Emaar Mgf Construction Pvt. Ltd. Vs Asha Arora & Ors. — Execution and Attachment | Delhi HC (2026)

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$~39

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IN THE HIGH COURT OF DELHI AT NEW DELHI

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- O.M.P. (COMM) 588/2020

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EMAAR MGF CONSTRUCTION PVT. LTD. .....Petitioner

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Through: Mr. Arjun Jain and Mr. Naman Choula, Advocates.

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versus

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ASHA ARORA & ORS. .....Respondents Through: Mr. Manish Kumar Shekhari, Ms. Mrinal Bharti and Mr. Santosh Kumar, Advcoates.

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CORAM: HON'BLE MR. JUSTICE SUBRAMONIUM PRASAD

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O R D E R

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% 20.03.2026

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I.A. 7435/2026

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The present Application under Section 151 of the CPC has been filed on behalf of the Respondents seeking the release of the amount which has been deposited by the Petitioner in compliance of the Order dated 22.04.2022.

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O.M.P. (COMM) 588/2020 was filed by the Petitioner under Section 34 of the Arbitration and Conciliation, 1996, [“ Section 34 Petition ”] challenging the Arbitral Award dated 29.06.2019 passed by the learned Sole Arbitrator while adjudicating upon the disputes between the parties.

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It is stated that during the pendency of the Section 34 Petition, the

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This is a digitally signed order.

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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 24/03/2026 at 13:18:52

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Petitioner deposited a sum of Rs. 1,37,20,644/- along with the interest with the Registrar General of this Court.

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Thereafter, vide Order dated 25.08.2025, the Parties were referred to Delhi High Court Mediation and Conciliation Centre to explore the possibility of arriving at an amicable settlement.

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The Parties have entered into a Settlement Agreement dated 15.01.2026. Paragraphs No. 1 & 2 of the Settlement Agreement are being reproduced to read as under:

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“1. The First Party agrees to the release of INR 1,37,20,664/- (Indian Rupees One Crore Thirty Seven Lakhs Twenty Thousand Six Hundred Forty Fourt Only), deposited by it in the Registry of this Hon’ble Court, alongwith accrued interest, in favour of the Third Party, (also representing the Second and Fourth Party), in full and final settlement of all the claims between the Parties.

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2. The bank account details of the Third Party in which the aforesaid amount shall be transferred by the Hon’ble High Court of Delhi is as under:

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Beneficiary Name	Shiv Kumar Arora
Bank Name	Axis Bank Ltd.
Bank Branch	Swasthya Vihar,
	New Delhi-110092
Account No.	917010080999461
IFSC Code	UTIB0000055

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Consequently, the Section 34 Petition was disposed of by this Court on 21.01.2026 in terms of the Settlement Agreement dated 15.01.2026.

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This is a digitally signed order.

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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 24/03/2026 at 13:18:52

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Now, by way of the instant Application, the Applicant/Petitioner is praying for release of the deposited amount in terms of the Settlement Agreement.

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Since the present Application is formal in nature, this Court is of the opinion that no notice needs to be issued to the Respondents.

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The present Application is allowed.

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The Registrar General is directed to release the deposited amount along with accrued interest into the bank account of the Respondent No. 2 forthwith.

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SUBRAMONIUM PRASAD, J

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MARCH 20, 2026 Prateek

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This is a digitally signed order.

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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 24/03/2026 at 13:18:52

Emaar Mgf Construction Pvt. Ltd. v. Asha Arora & Ors.

Case brief

What is this about?

What did the court decide?

Emaar Mgf Construction Pvt. Ltd. v. Asha Arora & Ors.

Case brief

What is this about?

What did the court decide?

What the court decided

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