L and T Infra Investment Partners Represented by L and T Infra Investment Partners Advisory Private v. Ardom Towergen Private Limited & Ors

O R D E R %

24.12.2025 I.A. 33002/2025

¶1This is an application on behalf of Respondent No.1, seeking early hearing of the present Petition.

¶2It is stated by the learned Counsels for the parties that they have amicably settled the matter vide Settlement Agreement dated 17.12.2025.

¶3With the consent of the parties and for the reasons stated in the Application, the same is being allowed and the matter is being taken up for hearing today.

¶4The application is disposed of. O.M.P.(I) (COMM.) 279/2025 The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above.

¶1This petition under Section 9 of the Arbitration & Conciliation Act, 1996, has been filed with the following prayers: "a. An order directing the Respondents to deposit with this Hon'ble Court an amount ofiNR 846,43,68,917/- (Indian Rupees Eight Hundred Forty-Six Crore Forty-Three Lakh Sixty-Eight Thousand Nine Hundred Seventeen only) towards the dues of the Petitioner in terms of Clause 9.5(e) of the SHA, along with a further interest of 30% (Thirty percent) per annum compounded quarterly thereon till the date of actual deposit; b. Alternatively, an order directing the Respondents to furnish a bank guarantee from a scheduled bank for an amount equivalent to the amounts as mentioned above, to secure the claim and interests of the Petitioner; c. In the meantime, pending deposit of the said amount of INR 846,43,68,917/- (Indian Rupees Eight Hundred Forty-Six Crore Forty-Three Lakh Sixty-Eight Thousand Nine Hundred Seventeen only) and/or furnishing of bank guarantees as prayed for above, as the case may be: i. Pass an order restraining each of the Respondents from operating any of its bank accounts, including those identified in paragraph 49 above; ii. Pass an order restraining each of the Respondents, their agents and representatives from in any manner alienating, encumbering, transferring, selling, disposing off, parting with possession of, or creating any third party rights, title, or interest of any nature whatsoever in respect of their respective immovable and movable assets, investments, properties of any The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. nature including those identified in paragraph 49 above, in favour of any third party; iii. Pass an order directing the attachment of the properties, bank accounts, and all other movable and immovable assets, investments, entitlements of each of the Respondents, including without limitation incomes from rent receivables and from third parties including companies, partnership firms in which the Respondents are shareholders or from trust in which they are beneficiaries, so as to secure the amounts due and payable by the Respondents to the Petition which, as on June, 30, 2025, amounts to INR 846,43,68,917/- (Indian Rupees Eight Hundred Forty-Six Crore Forty-Three Lakh SixtyEight Thousand Nine Hundred Seventeen only) and carries further interest of 30% (Thirty percent) per annum compounded quarterly thereon till the date of actual payment; and iv. Pass an order directing each of the Respondents to disclose on oath all their bank accounts and file bank statements from the date of Initial Investment Subscription, being February 12, 2012, upto the date of filing of the present petition; v. Pass an order directing each ofthe Respondents to disclose on oath all their properties and investments/assets/receivables/entitlements (both movables and immovables and, in case of encumbered properties and assets, the extent of encumbrance) including without limitation from rent receivables and bank accounts and all particulars of their entitlement and receivables from third parties including from companies in which they are shareholders or from trusts in The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. which they are beneficiaries from the date ofinitial Investment Subscription, being February 12, 2012, upto the date of filing of the present petition; d. Pass ad-interim ex-parte orders in terms of the prayers prayed;"

¶2On 18.07.2025, this Court gave a suggestion to the parties to explore the possibility of amicable settlement of disputes. To facilitate the same, this Court suggested the name of Mr. Rajeev Kumar Virmani, learned Senior Advocate, and with the consent of the parties, Mr. Rajeev Kumar Virmani, learned Senior Advocate, was appointed as the Mediator.

¶3With the efforts of the learned Mediator, the parties have entered into the Settlement Agreement dated 17.12.2025. A copy of the Settlement Agreement has been handed over in Court by the learned Counsel for the Petitioner and the same reads as under:- The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above.

¶4The parties have filed the original copy of the Settlement Agreement with the Registry of this Court. However, the same is not on record.

¶5Learned Counsel for the Respondent is directed to ensure that the The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. original copy of the Settlement Agreement dated 17.12.2025 is filed in Court during the course of the day.

¶6The copy of the Settlement Agreement dated 17.12.2025 handed over in Court is taken on record.

¶7The Petition is disposed of in terms of the Settlement Agreement dated 17.12.2025, along with pending application(s), if any.

¶8The parties are bound by the terms of the Settlement Agreement dated

17.12.2025 and it is made clear that any violation of the terms of the settlement agreement shall be construed as the violation of the orders of the Court.

¶9The next date already fixed in the matter, i.e., 09.03.2026, stands cancelled. SUBRAMONIUM PRASAD, J DECEMBER 24, 2025 hsk The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above.

* IN THE HIGH COURT OF DELHI AT NEW DELHI + O.M.P.(I) (COMM.) 279/2025 L AND T INFRA INVESTMENT PARTNERS REPRESENTED BY L AND T INFRA INVESTMENT PARTNERS ADVISORY PRIVATE LIMITED INVESTMENT MANAGER .....Petitioner Through: Mr. R. Sudhinder, Mr. Soorjya Ganguli, Mr. Sanidhya Sonthalia, Mr. Mohit Dang, Advocates and Mr. Siddharth Sekhri, AR versus ARDOM TOWERGEN PRIVATE LIMITED & ORS. .....Respondents Through: Mr. Kaveesh Nair and Ms. Stuti Karwal, Advocates CORAM: HON'BLE MR. JUSTICE SUBRAMONIUM PRASAD