This commercial petition under Section 9 of the Arbitration and Conciliation Act, 1996, was filed by the petitioner, Kashish Kathuria, against Encore Asset Reconstruction Company Pvt. Ltd. and others. During the proceedings, the respondents informed the court that the e-auction notice had failed due to a lack of bids. Consequently, the petitioner sought permission to withdraw the petition with the liberty to pursue appropriate interim reliefs before the learned Sole Arbitrator under Section 17 of the Arbitration and Conciliation Act, 1996. The High Court of Delhi granted the requested leave and liberty, dismissing the petition as withdrawn.
Nature of the Proceedings:
- The matter came up before the High Court of Delhi via O.M.P.(I) (COMM.) 318/2026 filed by the petitioner.
- Respondent counsel noted that the e-auction notice had become unsuccessful due to an absence of bids.
- Withdrawal and Liberty:
- The petitioner opted to withdraw the interim measure petition from the High Court.
- The court granted liberty to the petitioner to raise grievances and agitate claims for interim relief directly before the Sole Arbitrator pursuant to Section 17 of the Arbitration and Conciliation Act, 1996.
- Final Outcome:
- The petition, along with pending applications (I.A. 20870/2026), was formally dismissed as withdrawn.
2026 DHC 6354
Kashish Kathuria v. Encore Asset Reconstruction Company Pvt. Ltd. & Ors.(D.O.J. 05.08.2026)




