Delhi High Court

AXIS FINANCE LTD v. MR NIKHIL A V & ORS.

Delhi High Court dismisses Axis Finance's interim arbitration petition as withdrawn, with liberty to take other legal action

On the petitioner's request, the court allowed Axis Finance Ltd to withdraw the petition and granted liberty to take appropriate action as permissible under law. The petition was dismissed as withdrawn. No ruling was made on the merits.

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Court: Delhi High Court
Case number: O.M.P.(I) (COMM.) - 355/2026
Date of judgment: 28 October 2026
Petitioner / Appellant: AXIS FINANCE LTD
Respondent: MR NIKHIL A V & ORS.
CNR: DLHC010394482026
Outcome: Disposed

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* IN THE HIGH COURT OF DELHI AT NEW DELHI # CNR No. DLHC010394482026 + O.M.P.(I) (COMM.) 355/2026 AXIS FINANCE LTD .....Petitioner Through: Mr. Utkarshani Srivastava & Mr. Aayush Agarwala, Advs.

versus

MR NIKHIL A V & ORS. .....Respondents Through: None.

CORAM:

HON'BLE MR. JUSTICE OM PRAKASH SHUKLA

ORDER(ORAL)

% 28.10.2026

1. At the outset, learned Counsel appearing for the Petitioner seeks leave to withdraw the present petition with liberty to take appropriate action as permissible under law.

2. Leave and liberty as aforesaid is granted.

3. The present petition is dismissed as withdrawn.

OM PRAKASH SHUKLA, J

OCTOBER 28, 2026/at