Dismissed¶¶16

M/S. Kalki Communication Technologies Pvt. Ltd. v. M/S. Vayam Technologies Ltd.

Delhi HC17 Feb 2026OMP (ENF.) (COMM.)/191/2019

Case brief

AI extract

What is this about?

Delhi High Court, OMP (ENF.) (COMM.) 191/2019, decided 17.02.2026 by Harish Vaidyanathan Shankar, J.; enforcement of arbitral award dated 13.11.2018 under Section 36 Arbitration and Conciliation Act 1996; judgment debtor Vayam Technologies Ltd. in CIRP under Insolvency and Bankruptcy Code 2016; decree holder Kalki Communication Technologies Pvt. Ltd.; claim provisionally admitted; petition dismissed with liberty to revive.

What did the court decide?

Petition and all pending application(s) dismissed, with liberty to revive the same as and when the need so arises. ¶¶16

M/S. Kalki Communication Technologies Pvt. Ltd. Vs… — Insolvency and Bankruptcy | Delhi HC (2026)

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$~32

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* IN THE HIGH COURT OF DELHI AT NEW DELHI

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- OMP (ENF.) (COMM.) 191/2019, EX.APPL.(OS) 753/2019 (U/O XXI RULE 41 R/W Section. 151 CPC) & EX.APPL.(OS) 754/2019 (For Delay 2 days in re-filing the petition)

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M/S. KALKI COMMUNICATION TECHNOLOGIES PVT. LTD. .....Decree Holder Through: Mr. Bharadwaj S. Iyengar, Adv.

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versus

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M/S. VAYAM TECHNOLOGIES LTD. ...Judgement Debtor Through: Mr. Samarendra Kumar, Mr. Sandeep Soni, Mr. Vishnu Jaysaval, Mr. Adarsh Raj Singh, Ms. Priyanka Singh & Mr. Sumit Chancha, Advs. for Union Bank of India. Mr. Tarunesh Kumar, Adv. for Bank of Baroda. Mr. Yashraj Singh, Adv. for Resolution Professional

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CORAM: 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 preferred under Section 36(1) and (2) of the Arbitration and Conciliation Act, 1996, seeking enforcement of the Award dated 13.11.2018.

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The Judgment Debtor company is stated to have been admitted to the corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016.

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Learned counsel, Mr. Yashraj Singh, appearing on behalf of 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 20/02/2026 at 12:50:55

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Resolution Professional, states that the claim of the Decree Holder has been provisionally admitted.

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Learned counsel for the parties are ad idem that the present petition may be disposed of with directions that, in the event the resolution process does not culminate in a determination of the claims of the parties or otherwise remains indeterminate, thereby necessitating the Decree Holder to pursue enforcement of the award against the Judgment Debtor, appropriate liberty be reserved. 5. In view of the aforesaid submissions, the present petition, along with all pending application(s), if any, stands dismissed with liberty to revive the same as and when the need so arises.

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HARISH VAIDYANATHAN SHANKAR, J. FEBRUARY 17, 2026/ v /kr/dj

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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 12:50:55

M/S. Kalki Communication Technologies Pvt. Ltd. v. M/S. Vayam Technologies Ltd.

Case brief

What is this about?

What did the court decide?

M/S. Kalki Communication Technologies Pvt. Ltd. v. M/S. Vayam Technologies Ltd.

Case brief

What is this about?

What did the court decide?

Why is it important?

What the court decided

Issues for consideration

Statutes considered

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Parties & counsel

Coram

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