Dismissed¶22

Indian Oil Corporation Limited v. Okeanos Maritime Limited

Delhi HC17 Feb 2026O.M.P.(I) (COMM.)/66/2026

Case brief

AI extract

What is this about?

Section 9 Arbitration and Conciliation Act 1996 interim-reliefs petition (O.M.P.(I) (COMM.) 66/2026, with I.A. 4415/2026 for exemption) by Indian Oil Corporation Limited v. Okeanos Maritime Limited, High Court of Delhi, decided 17.02.2026 by Justice Harish Vaidyanathan Shankar. Petition sought production of documents annexed at Document-15 and a stay of arbitration proceedings before the ICA at New Delhi; withdrawn with leave after some arguments and dismissed as withdrawn with liberty to pursue other remedies. No holdings on the merits; no cases cited.

What did the court decide?

Leave and liberty granted to the Petitioner to withdraw the petition with liberty to avail such remedies as may be available in accordance with law. ¶22

Indian Oil Corporation Limited Vs Okeanos Maritime Limited — Arbitration | Delhi HC (2026)

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$~44

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IN THE HIGH COURT OF DELHI AT NEW DELHI

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- O.M.P.(I) (COMM.) 66/2026 & I.A. 4415/2026 (For Exemption)

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INDIAN OIL CORPORATION LIMITED .....Petitioner Through: Mr. Prathamesh Kamat, Mr. Gaurav Nair, Ms. Bhairavi SN and Mr. Shrom Sethi, Advocates.

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versus

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OKEANOS MARITIME LIMITED .....Respondent Through: Mr. Arvind Kumar Gupta, Mr. Omkar Pradhan, Mr. Abhiesumat Gupta and Mr. Ishan Prashar, Advocates.

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CORAM:

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HON'BLE MR. JUSTICE HARISH VAIDYANATHAN SHANKAR

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O R D E R % 17.02.2026

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The present petition has been filed under Section 9 of the Arbitration and Conciliation Act, 1996, seeking the following reliefs:

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“…..

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a) This Hon’ble Court be pleased to direct and order the Respondent to produce all the documents annexed (at Document-15 ) to the present Application within one week of or such time as this Hon’ble Court deems fit;

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b) Pending hearing and final disposal of the present Petition, be pleased to stay the Arbitration proceedings pending between the Petitioner and the Respondent before the ICA at New Delhi;

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c) For ad-interim reliefs in terms of prayer (b), above;

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d) Any other reliefs as this Hon’ble Court may consider just and expedient. e) For costs;”

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After some arguments, learned counsel appearing on behalf of the Petitioner, on instructions, seeks leave to withdraw the present petition with liberty to avail such remedies as may be available to him

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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 20/02/2026 at 12:51:11

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in accordance with law.

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Leave and liberty, as sought for, are granted.

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Accordingly, the present petition along with pending

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application(s), if any, is dismissed as withdrawn.

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HARISH VAIDYANATHAN SHANKAR, J. FEBRUARY 17, 2026/tk/her

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This is a digitally signed order. 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 20/02/2026 at 12:51:11

Indian Oil Corporation Limited v. Okeanos Maritime Limited

Case brief

What is this about?

What did the court decide?

Indian Oil Corporation Limited v. Okeanos Maritime Limited

Case brief

What is this about?

What did the court decide?

Why is it important?

What the court decided

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