✦ High Court of India · 17 Jun 2025

Madrasdated High Court · 2025

Case Details High Court of India · 17 Jun 2025
Court
High Court of India
Decided
17 Jun 2025
Length
2,019 words

Arbitration Application Nos. 757 to 761 of 2025also having its Corporate Office101-102, Sagar Shopping CentreSahar Darwaja Ring RoadSurat, Gujarat – 395003.2. Raveesh Aggarwal3. Ayush Aggarwal4. Shiv Narain Aggarwal5. Varun Aggarwal6. Sri Narain Aggarwal… RespondentsPRAYER: Application filed under Order XIV Rule 8 Original Side Rules read with Order XXII Rule 1 of Code of Civil Procedure, praying to substitute the name and address of the Asset Care & Reconstruction Enterprise Limited in place of the applicant /applicant in the above application in Arb App. No. 449 of 2025 as ASSETS CARE & RECONSTRUCTION ENTERPRISE LIMITEDA Company incorporated under the Companies Act, 1956Registered as an Asset Reconstruction Companyunder Section 3 of SARFAESI Act, 2002having its registered office at 14th Floor, Eros Corporate TowersNehru Palace, New Delhi – 110019and Corporate Office at 502, C Wing, One BKC, Bandra Kurla ComplexMumbai – 400051in place of VIVRITI CAPITAL LIMITEDPage 2 of 15 https://www.mhc.tn.gov.in/judis Arbitration Application Nos. 757 to 761 of 2025A Company incorporated under the Companies Act, 1956having its registered office at :Prestige Zackria MetropolitanNo.200/1-8, 2nd Floor, Block 1Anna Salai, ChennaiTamil Nadu – 600002And having its office at Vibgyor Towers Unit NO.3023rd Floor, Block G, Bandra Kurla ComplexMumbai – 400051 along with consequential amendment in the cause title and further waive the requirement of re-verification by the Asset Care & Reconstruction Enterprise Limited in the above application For Applicant : Mr.Sunil A.ViyasArb Application No.758 of 2025:-Vivriti Capital LimitedA Company incorporated under the Companies Act, 1956Having its registered office at Prestige Zackria MetropolitanNo.200/1-8, Second Floor, Block 1Anna Salai, Chennai, Tamil Nadu – 600002.and having its office at Vibgyor Towers, Unit No.3023rd Floor, Block G, Bandra Kurla ComplexMumbai – 400 051. … ApplicantVs.Page 3 of 15 https://www.mhc.tn.gov.in/judis Arbitration Application Nos. 757 to 761 of 20251. Prafful Overseas Private Limited A Company incorporated under the Companies Act, 1956 Having its registered office at 349, 1st Floor, Naya Katra, Chandni Chowk New Delhi – 110006also having its Corporate Office101-102, Sagar Shopping CentreSahar Darwaja Ring RoadSurat, Gujarat – 395003.2. Raveesh Aggarwal3. Ayush Aggarwal4. Shiv Narain Aggarwal5. Varun Aggarwal6. Sri Narain Aggarwal… RespondentsPRAYER: Application filed under Order XIV Rule 8 Original Side Rules read with Order XXII Rule 1 of Code of Civil Procedure, praying to substitute the name and address of the Asset Care & Reconstruction Enterprise Limited in place of the applicant /applicant in the above application in Arb App. No. 450 of 2025 as ASSETS CARE & RECONSTRUCTION ENTERPRISE LIMITEDA Company incorporated under the Companies Act, 1956Registered as an Asset Reconstruction Companyunder Section 3 of SARFAESI Act, 2002having its registered office at 14th Floor, Eros Corporate TowersNehru Palace, New Delhi – 110019and Corporate Office at Page 4 of 15 https://www.mhc.tn.gov.in/judis Arbitration Application Nos. 757 to 761 of 2025502, C Wing, One BKC, Bandra Kurla ComplexMumbai – 400051in place of VIVRITI CAPITAL LIMITEDA Company incorporated under the Companies Act, 1956having its registered office at :Prestige Zackria MetropolitanNo.200/1-8, 2nd Floor, Block 1Anna Salai, ChennaiTamil Nadu – 600002And having its office at Vibgyor Towers Unit No.3023rd Floor, Block G, Bandra Kurla ComplexMumbai – 400051 along with consequential amendment in the cause title and further waive the requirement of re-verification by the Asset Care & Reconstruction Enterprise Limited in the above application For Applicant : Mr.Sunil A.ViyasArb Application No.759 of 2025:-Vivriti Capital LimitedA Company incorporated under the Companies Act, 1956Having its registered office at Prestige Zackria MetropolitanNo.200/1-8, Second Floor, Block 1Anna Salai, Chennai, Tamil Nadu – 600002.and having its office at Vibgyor Towers, Unit No.3023rd Floor, Block G, Bandra Kurla ComplexPage 5 of 15 https://www.mhc.tn.gov.in/judis Arbitration Application Nos. 757 to 761 of 2025Mumbai – 400 051. … ApplicantVs.1. Prafful Overseas Private Limited A Company incorporated under the Companies Act, 1956 Having its registered office at 349, 1st Floor, Naya Katra, Chandni Chowk New Delhi – 110006also having its Corporate Office101-102, Sagar Shopping CentreSahar Darwaja Ring RoadSurat, Gujarat – 395003.2. Raveesh Aggarwal3. Ayush Aggarwal4. Shiv Narain Aggarwal5. Varun Aggarwal6. Sri Narain Aggarwal… RespondentsPRAYER: Application filed under Order XIV Rule 8 Original Side Rules read with Order XXII Rule 1 of Code of Civil Procedure, praying to substitute the name and address of the Asset Care & Reconstruction Enterprise Limited in place of the applicant /applicant in the above application in Arb App. No. 451 of 2025 as ASSETS CARE & RECONSTRUCTION ENTERPRISE LIMITEDA Company incorporated under the Companies Act, 1956Registered as an Asset Reconstruction Companyunder Section 3 of SARFAESI Act, 2002Page 6 of 15 https://www.mhc.tn.gov.in/judis Arbitration Application Nos. 757 to 761 of 2025having its registered office at 14th Floor, Eros Corporate TowersNehru Palace, New Delhi – 110019and Corporate Office at 502, C Wing, One BKC, Bandra Kurla ComplexMumbai – 400051in place of VIVRITI CAPITAL LIMITEDA Company incorporated under the Companies Act, 1956having its registered office at :Prestige Zackria MetropolitanNo.200/1-8, 2nd Floor, Block 1Anna Salai, ChennaiTamil Nadu – 600002And having its office at Vibgyor Towers Unit No.3023rd Floor, Block G, Bandra Kurla ComplexMumbai – 400051 along with consequential amendment in the cause title and further waive the requirement of re-verification by the Asset Care & Reconstruction Enterprise Limited in the above application For Applicant : Mr.Sunil A.ViyasArb Application No.760 of 2025:-Vivriti Capital LimitedA Company incorporated under the Companies Act, 1956Having its registered office at Prestige Zackria MetropolitanPage 7 of 15 https://www.mhc.tn.gov.in/judis Arbitration Application Nos. 757 to 761 of 2025No.200/1-8, Second Floor, Block 1Anna Salai, Chennai, Tamil Nadu – 600002.and having its office at Vibgyor Towers, Unit No.3023rd Floor, Block G, Bandra Kurla ComplexMumbai – 400 051. … ApplicantVs.1. Prafful Overseas Private Limited A Company incorporated under the Companies Act, 1956 Having its registered office at 349, 1st Floor, Naya Katra, Chandni Chowk New Delhi – 110006also having its Corporate Office101-102, Sagar Shopping CentreSahar Darwaja Ring RoadSurat, Gujarat – 395003.2. Raveesh Aggarwal3. Ayush Aggarwal4. Shiv Narain Aggarwal5. Varun Aggarwal6. Sri Narain Aggarwal… RespondentsPRAYER: Application filed under Order XIV Rule 8 Original Side Rules read with Order XXII Rule 1 of Code of Civil Procedure, praying to substitute the name and address of the Asset Care & Reconstruction Enterprise Limited in place of the applicant /applicant in the above Page 8 of 15 https://www.mhc.tn.gov.in/judis Arbitration Application Nos. 757 to 761 of 2025application in Arb App. No. 452 of 2025 as ASSETS CARE & RECONSTRUCTION ENTERPRISE LIMITEDA Company incorporated under the Companies Act, 1956Registered as an Asset Reconstruction Companyunder Section 3 of SARFAESI Act, 2002having its registered office at 14th Floor, Eros Corporate TowersNehru Palace, New Delhi – 110019and Corporate Office at 502, C Wing, One BKC, Bandra Kurla ComplexMumbai – 400051in place of VIVRITI CAPITAL LIMITEDA Company incorporated under the Companies Act, 1956having its registered office at :Prestige Zackria MetropolitanNo.200/1-8, 2nd Floor, Block 1Anna Salai, ChennaiTamil Nadu – 600002And having its office at Vibgyor Towers Unit NO.3023rd Floor, Block G, Bandra Kurla ComplexMumbai – 400051 along with consequential amendment in the cause title and further waive the requirement of re-verification by the Asset Care & Reconstruction Enterprise Limited in the above application For Applicant : Mr.Sunil A.ViyasPage 9 of 15 https://www.mhc.tn.gov.in/judis Arbitration Application Nos. 757 to 761 of 2025Arb Application No.761 of 2025:-Vivriti Capital LimitedA Company incorporated under the Companies Act, 1956Having its registered office at Prestige Zackria MetropolitanNo.200/1-8, Second Floor, Block 1Anna Salai, Chennai, Tamil Nadu – 600002.and having its office at Vibgyor Towers, Unit No.3023rd Floor, Block G, Bandra Kurla ComplexMumbai – 400 051. … ApplicantVs.1. Prafful Overseas Private Limited A Company incorporated under the Companies Act, 1956 Having its registered office at 349, 1st Floor, Naya Katra, Chandni Chowk New Delhi – 110006also having its Corporate Office101-102, Sagar Shopping CentreSahar Darwaja Ring RoadSurat, Gujarat – 395003.2. Raveesh Aggarwal3. Ayush Aggarwal4. Shiv Narain Aggarwal5. Varun Aggarwal6. Sri Narain Aggarwal… RespondentsPRAYER: Application filed under Order XIV Rule 8 Original Side Rules read with Order XXII Rule 1 of Code of Civil Procedure, praying Page 10 of 15 https://www.mhc.tn.gov.in/judis Arbitration Application Nos. 757 to 761 of 2025to substitute the name and address of the Asset Care & Reconstruction Enterprise Limited in place of the applicant /applicant in the above application in Arb App. No. 453 of 2025 as ASSETS CARE & RECONSTRUCTION ENTERPRISE LIMITEDA Company incorporated under the Companies Act, 1956Registered as an Asset Reconstruction Companyunder Section 3 of SARFAESI Act, 2002having its registered office at 14th Floor, Eros Corporate TowersNehru Palace, New Delhi – 110019and Corporate Office at 502, C Wing, One BKC, Bandra Kurla ComplexMumbai – 400051in place of VIVRITI CAPITAL LIMITEDA Company incorporated under the Companies Act, 1956having its registered office at :Prestige Zackria MetropolitanNo.200/1-8, 2nd Floor, Block 1Anna Salai, ChennaiTamil Nadu – 600002And having its office at Vibgyor Towers Unit No.3023rd Floor, Block G, Bandra Kurla ComplexMumbai – 400051 along with consequential amendment in the cause title and further waive the requirement of re-verification by the Asset Care & Reconstruction Enterprise Limited in the above applicationPage 11 of 15 https://www.mhc.tn.gov.in/judis Arbitration Application Nos. 757 to 761 of 2025 For Applicant : Mr.Sunil A.Viyas Application No.2698 of 2025:-Vivriti Capital LimitedA Company incorporated under the Companies Act, 1956Having its registered office at Prestige Zackria MetropolitanNo.200/1-8, Second Floor, Block 1Anna Salai, Chennai, Tamil Nadu – 600002.and having its office at Vibgyor Towers, Unit No.3023rd Floor, Block G, Bandra Kurla ComplexMumbai – 400 051. … ApplicantVs.1. Prafful Overseas Private Limited A Company incorporated under the Companies Act, 1956 Having its registered office at 349, 1st Floor, Naya Katra, Chandni Chowk New Delhi – 110006also having its Corporate Office101-102, Sagar Shopping CentreSahar Darwaja Ring RoadSurat, Gujarat – 395003.2. Raveesh Aggarwal3. Ayush Aggarwal4. Shiv Narain Aggarwal5. Varun Aggarwal6. Sri Narain Aggarwal… RespondentsPRAYER: Application filed under Order XIV Rule 8 Original Side Page 12 of 15 https://www.mhc.tn.gov.in/judis Arbitration Application Nos. 757 to 761 of 2025Rules read with Order XXII Rule 1 of Code of Civil Procedure, praying to substitute the name and address of the Asset Care & Reconstruction Enterprise Limited in place of the applicant /applicant in the above application in Arb O.P. (Comm.Div.) No. 2698 of 2025 as ASSETS CARE & RECONSTRUCTION ENTERPRISE LIMITEDA Company incorporated under the Companies Act, 1956Registered as an Asset Reconstruction Companyunder Section 3 of SARFAESI Act, 2002having its registered office at 14th Floor, Eros Corporate TowersNehru Palace, New Delhi – 110019and Corporate Office at 502, C Wing, One BKC, Bandra Kurla ComplexMumbai – 400051in place of VIVRITI CAPITAL LIMITEDA Company incorporated under the Companies Act, 1956having its registered office at :Prestige Zackria MetropolitanNo.200/1-8, 2nd Floor, Block 1Anna Salai, ChennaiTamil Nadu – 600002And having its office at Vibgyor Towers Unit NO.3023rd Floor, Block G, Bandra Kurla ComplexMumbai – 400051 along with consequential amendment in the cause title and further waive the requirement of re-verification by the Asset Care & Reconstruction Page 13 of 15 https://www.mhc.tn.gov.in/judis Arbitration Application Nos. 757 to 761 of 2025Enterprise Limited in the above application For Applicant : Mr.Sunil A.Viyas C O M M O N O R D E RThis Court is satisfied with the reasons contained in the affidavits filed in support of these applications for substituting the name of 'ASSETS CARE & RECONSTRUCTION ENTERPRISE LIMITED' in the place of 'VIVRITI CAPITAL LIMITED'. Accordingly, these applications are allowed as prayed for. 2. The learned counsel for the applicant is directed to carry out the necessary amendments in terms of this order before the next hearing date. 3. Post on 01.07.2025. 17.06.2025MayaPage 14 of 15 https://www.mhc.tn.gov.in/judis Arbitration Application Nos. 757 to 761 of 2025ABDUL QUDDHOSE, J.MayaArb Application Nos. 757 to 761 of 202517.06.2025Page 15 of 15

Arbitration Application Nos. 757 to 761 of 2025also having its Corporate Office101-102, Sagar Shopping CentreSahar Darwaja Ring RoadSurat, Gujarat – 395003.2. Raveesh Aggarwal3. Ayush Aggarwal4. Shiv Narain Aggarwal5. Varun Aggarwal6. Sri Narain Aggarwal… RespondentsPRAYER: Application filed under Order XIV Rule 8 Original Side Rules read with Order XXII Rule 1 of Code of Civil Procedure, praying to substitute the name and address of the Asset Care & Reconstruction Enterprise Limited in place of the applicant /applicant in the above application in Arb App. No. 449 of 2025 as ASSETS CARE & RECONSTRUCTION ENTERPRISE LIMITEDA Company incorporated under the Companies Act, 1956Registered as an Asset Reconstruction Companyunder Section 3 of SARFAESI Act, 2002having its registered office at 14th Floor, Eros Corporate TowersNehru Palace, New Delhi – 110019and Corporate Office at 502, C Wing, One BKC, Bandra Kurla ComplexMumbai – 400051in place of VIVRITI CAPITAL LIMITEDPage 2 of 15 https://www.mhc.tn.gov.in/judis Arbitration Application Nos. 757 to 761 of 2025A Company incorporated under the Companies Act, 1956having its registered office at :Prestige Zackria MetropolitanNo.200/1-8, 2nd Floor, Block 1Anna Salai, ChennaiTamil Nadu – 600002And having its office at Vibgyor Towers Unit NO.3023rd Floor, Block G, Bandra Kurla ComplexMumbai – 400051 along with consequential amendment in the cause title and further waive the requirement of re-verification by the Asset Care & Reconstruction Enterprise Limited in the above application For Applicant : Mr.Sunil A.ViyasArb Application No.758 of 2025:-Vivriti Capital LimitedA Company incorporated under the Companies Act, 1956Having its registered office at Prestige Zackria MetropolitanNo.200/1-8, Second Floor, Block 1Anna Salai, Chennai, Tamil Nadu – 600002.and having its office at Vibgyor Towers, Unit No.3023rd Floor, Block G, Bandra Kurla ComplexMumbai – 400 051. … ApplicantVs.Page 3 of 15 https://www.mhc.tn.gov.in/judis Arbitration Application Nos. 757 to 761 of 20251. Prafful Overseas Private Limited A Company incorporated under the Companies Act, 1956 Having its registered office at 349, 1st Floor, Naya Katra, Chandni Chowk New Delhi – 110006also having its Corporate Office101-102, Sagar Shopping CentreSahar Darwaja Ring RoadSurat, Gujarat – 395003.2. Raveesh Aggarwal3. Ayush Aggarwal4. Shiv Narain Aggarwal5. Varun Aggarwal6. Sri Narain Aggarwal… RespondentsPRAYER: Application filed under Order XIV Rule 8 Original Side Rules read with Order XXII Rule 1 of Code of Civil Procedure, praying to substitute the name and address of the Asset Care & Reconstruction Enterprise Limited in place of the applicant /applicant in the above application in Arb App. No. 450 of 2025 as ASSETS CARE & RECONSTRUCTION ENTERPRISE LIMITEDA Company incorporated under the Companies Act, 1956Registered as an Asset Reconstruction Companyunder Section 3 of SARFAESI Act, 2002having its registered office at 14th Floor, Eros Corporate TowersNehru Palace, New Delhi – 110019and Corporate Office at Page 4 of 15 https://www.mhc.tn.gov.in/judis Arbitration Application Nos. 757 to 761 of 2025502, C Wing, One BKC, Bandra Kurla ComplexMumbai – 400051in place of VIVRITI CAPITAL LIMITEDA Company incorporated under the Companies Act, 1956having its registered office at :Prestige Zackria MetropolitanNo.200/1-8, 2nd Floor, Block 1Anna Salai, ChennaiTamil Nadu – 600002And having its office at Vibgyor Towers Unit No.3023rd Floor, Block G, Bandra Kurla ComplexMumbai – 400051 along with consequential amendment in the cause title and further waive the requirement of re-verification by the Asset Care & Reconstruction Enterprise Limited in the above application For Applicant : Mr.Sunil A.ViyasArb Application No.759 of 2025:-Vivriti Capital LimitedA Company incorporated under the Companies Act, 1956Having its registered office at Prestige Zackria MetropolitanNo.200/1-8, Second Floor, Block 1Anna Salai, Chennai, Tamil Nadu – 600002.and having its office at Vibgyor Towers, Unit No.3023rd Floor, Block G, Bandra Kurla ComplexPage 5 of 15 https://www.mhc.tn.gov.in/judis Arbitration Application Nos. 757 to 761 of 2025Mumbai – 400 051. … ApplicantVs.1. Prafful Overseas Private Limited A Company incorporated under the Companies Act, 1956 Having its registered office at 349, 1st Floor, Naya Katra, Chandni Chowk New Delhi – 110006also having its Corporate Office101-102, Sagar Shopping CentreSahar Darwaja Ring RoadSurat, Gujarat – 395003.2. Raveesh Aggarwal3. Ayush Aggarwal4. Shiv Narain Aggarwal5. Varun Aggarwal6. Sri Narain Aggarwal… RespondentsPRAYER: Application filed under Order XIV Rule 8 Original Side Rules read with Order XXII Rule 1 of Code of Civil Procedure, praying to substitute the name and address of the Asset Care & Reconstruction Enterprise Limited in place of the applicant /applicant in the above application in Arb App. No. 451 of 2025 as ASSETS CARE & RECONSTRUCTION ENTERPRISE LIMITEDA Company incorporated under the Companies Act, 1956Registered as an Asset Reconstruction Companyunder Section 3 of SARFAESI Act, 2002Page 6 of 15 https://www.mhc.tn.gov.in/judis Arbitration Application Nos. 757 to 761 of 2025having its registered office at 14th Floor, Eros Corporate TowersNehru Palace, New Delhi – 110019and Corporate Office at 502, C Wing, One BKC, Bandra Kurla ComplexMumbai – 400051in place of VIVRITI CAPITAL LIMITEDA Company incorporated under the Companies Act, 1956having its registered office at :Prestige Zackria MetropolitanNo.200/1-8, 2nd Floor, Block 1Anna Salai, ChennaiTamil Nadu – 600002And having its office at Vibgyor Towers Unit No.3023rd Floor, Block G, Bandra Kurla ComplexMumbai – 400051 along with consequential amendment in the cause title and further waive the requirement of re-verification by the Asset Care & Reconstruction Enterprise Limited in the above application For Applicant : Mr.Sunil A.ViyasArb Application No.760 of 2025:-Vivriti Capital LimitedA Company incorporated under the Companies Act, 1956Having its registered office at Prestige Zackria MetropolitanPage 7 of 15 https://www.mhc.tn.gov.in/judis Arbitration Application Nos. 757 to 761 of 2025No.200/1-8, Second Floor, Block 1Anna Salai, Chennai, Tamil Nadu – 600002.and having its office at Vibgyor Towers, Unit No.3023rd Floor, Block G, Bandra Kurla ComplexMumbai – 400 051. … ApplicantVs.1. Prafful Overseas Private Limited A Company incorporated under the Companies Act, 1956 Having its registered office at 349, 1st Floor, Naya Katra, Chandni Chowk New Delhi – 110006also having its Corporate Office101-102, Sagar Shopping CentreSahar Darwaja Ring RoadSurat, Gujarat – 395003.2. Raveesh Aggarwal3. Ayush Aggarwal4. Shiv Narain Aggarwal5. Varun Aggarwal6. Sri Narain Aggarwal… RespondentsPRAYER: Application filed under Order XIV Rule 8 Original Side Rules read with Order XXII Rule 1 of Code of Civil Procedure, praying to substitute the name and address of the Asset Care & Reconstruction Enterprise Limited in place of the applicant /applicant in the above Page 8 of 15 https://www.mhc.tn.gov.in/judis Arbitration Application Nos. 757 to 761 of 2025application in Arb App. No. 452 of 2025 as ASSETS CARE & RECONSTRUCTION ENTERPRISE LIMITEDA Company incorporated under the Companies Act, 1956Registered as an Asset Reconstruction Companyunder Section 3 of SARFAESI Act, 2002having its registered office at 14th Floor, Eros Corporate TowersNehru Palace, New Delhi – 110019and Corporate Office at 502, C Wing, One BKC, Bandra Kurla ComplexMumbai – 400051in place of VIVRITI CAPITAL LIMITEDA Company incorporated under the Companies Act, 1956having its registered office at :Prestige Zackria MetropolitanNo.200/1-8, 2nd Floor, Block 1Anna Salai, ChennaiTamil Nadu – 600002And having its office at Vibgyor Towers Unit NO.3023rd Floor, Block G, Bandra Kurla ComplexMumbai – 400051 along with consequential amendment in the cause title and further waive the requirement of re-verification by the Asset Care & Reconstruction Enterprise Limited in the above application For Applicant : Mr.Sunil A.ViyasPage 9 of 15 https://www.mhc.tn.gov.in/judis Arbitration Application Nos. 757 to 761 of 2025Arb Application No.761 of 2025:-Vivriti Capital LimitedA Company incorporated under the Companies Act, 1956Having its registered office at Prestige Zackria MetropolitanNo.200/1-8, Second Floor, Block 1Anna Salai, Chennai, Tamil Nadu – 600002.and having its office at Vibgyor Towers, Unit No.3023rd Floor, Block G, Bandra Kurla ComplexMumbai – 400 051. … ApplicantVs.1. Prafful Overseas Private Limited A Company incorporated under the Companies Act, 1956 Having its registered office at 349, 1st Floor, Naya Katra, Chandni Chowk New Delhi – 110006also having its Corporate Office101-102, Sagar Shopping CentreSahar Darwaja Ring RoadSurat, Gujarat – 395003.2. Raveesh Aggarwal3. Ayush Aggarwal4. Shiv Narain Aggarwal5. Varun Aggarwal6. Sri Narain Aggarwal… RespondentsPRAYER: Application filed under Order XIV Rule 8 Original Side Rules read with Order XXII Rule 1 of Code of Civil Procedure, praying Page 10 of 15 https://www.mhc.tn.gov.in/judis Arbitration Application Nos. 757 to 761 of 2025to substitute the name and address of the Asset Care & Reconstruction Enterprise Limited in place of the applicant /applicant in the above application in Arb App. No. 453 of 2025 as ASSETS CARE & RECONSTRUCTION ENTERPRISE LIMITEDA Company incorporated under the Companies Act, 1956Registered as an Asset Reconstruction Companyunder Section 3 of SARFAESI Act, 2002having its registered office at 14th Floor, Eros Corporate TowersNehru Palace, New Delhi – 110019and Corporate Office at 502, C Wing, One BKC, Bandra Kurla ComplexMumbai – 400051in place of VIVRITI CAPITAL LIMITEDA Company incorporated under the Companies Act, 1956having its registered office at :Prestige Zackria MetropolitanNo.200/1-8, 2nd Floor, Block 1Anna Salai, ChennaiTamil Nadu – 600002And having its office at Vibgyor Towers Unit No.3023rd Floor, Block G, Bandra Kurla ComplexMumbai – 400051 along with consequential amendment in the cause title and further waive the requirement of re-verification by the Asset Care & Reconstruction Enterprise Limited in the above applicationPage 11 of 15 https://www.mhc.tn.gov.in/judis Arbitration Application Nos. 757 to 761 of 2025 For Applicant : Mr.Sunil A.Viyas Application No.2698 of 2025:-Vivriti Capital LimitedA Company incorporated under the Companies Act, 1956Having its registered office at Prestige Zackria MetropolitanNo.200/1-8, Second Floor, Block 1Anna Salai, Chennai, Tamil Nadu – 600002.and having its office at Vibgyor Towers, Unit No.3023rd Floor, Block G, Bandra Kurla ComplexMumbai – 400 051. … ApplicantVs.1. Prafful Overseas Private Limited A Company incorporated under the Companies Act, 1956 Having its registered office at 349, 1st Floor, Naya Katra, Chandni Chowk New Delhi – 110006also having its Corporate Office101-102, Sagar Shopping CentreSahar Darwaja Ring RoadSurat, Gujarat – 395003.2. Raveesh Aggarwal3. Ayush Aggarwal4. Shiv Narain Aggarwal5. Varun Aggarwal6. Sri Narain Aggarwal… RespondentsPRAYER: Application filed under Order XIV Rule 8 Original Side Page 12 of 15 https://www.mhc.tn.gov.in/judis Arbitration Application Nos. 757 to 761 of 2025Rules read with Order XXII Rule 1 of Code of Civil Procedure, praying to substitute the name and address of the Asset Care & Reconstruction Enterprise Limited in place of the applicant /applicant in the above application in Arb O.P. (Comm.Div.) No. 2698 of 2025 as ASSETS CARE & RECONSTRUCTION ENTERPRISE LIMITEDA Company incorporated under the Companies Act, 1956Registered as an Asset Reconstruction Companyunder Section 3 of SARFAESI Act, 2002having its registered office at 14th Floor, Eros Corporate TowersNehru Palace, New Delhi – 110019and Corporate Office at 502, C Wing, One BKC, Bandra Kurla ComplexMumbai – 400051in place of VIVRITI CAPITAL LIMITEDA Company incorporated under the Companies Act, 1956having its registered office at :Prestige Zackria MetropolitanNo.200/1-8, 2nd Floor, Block 1Anna Salai, ChennaiTamil Nadu – 600002And having its office at Vibgyor Towers Unit NO.3023rd Floor, Block G, Bandra Kurla ComplexMumbai – 400051 along with consequential amendment in the cause title and further waive the requirement of re-verification by the Asset Care & Reconstruction Page 13 of 15 https://www.mhc.tn.gov.in/judis Arbitration Application Nos. 757 to 761 of 2025Enterprise Limited in the above application For Applicant : Mr.Sunil A.Viyas C O M M O N O R D E RThis Court is satisfied with the reasons contained in the affidavits filed in support of these applications for substituting the name of 'ASSETS CARE & RECONSTRUCTION ENTERPRISE LIMITED' in the place of 'VIVRITI CAPITAL LIMITED'. Accordingly, these applications are allowed as prayed for. 2. The learned counsel for the applicant is directed to carry out the necessary amendments in terms of this order before the next hearing date. 3. Post on 01.07.2025. 17.06.2025MayaPage 14 of 15 https://www.mhc.tn.gov.in/judis Arbitration Application Nos. 757 to 761 of 2025ABDUL QUDDHOSE, J.MayaArb Application Nos. 757 to 761 of 202517.06.2025Page 15 of 15

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