JPJindal Poly Films500227Ongoing legal dispute

Litigation update: Delhi HC disposes investor's Section 9 Petition; Singapore HC grants interim anti-suit injunction

Delhi High Court on 3 November 2026 disposed the investor's Section 9 Petition, opining that the agreed dispute resolution mechanism offered alternative routes to interim relief.

By ScoutQuest · Wed 4 Nov 2026, 8:34 AM IST · 2 min read

Delhi HC order date

Delhi High Court on 3 November 2026 disposed the investor's Section 9 Petition

Singapore HC interim injunction

Singapore High Court granted an interim anti-suit injunction on 2 November 2026 against the Company's NCLT Petition

Order copy received

the order copy was received on 3 November 2026

Jindal Poly Films has disclosed a development in the dispute involving JPFL Films Private Limited, a material subsidiary of the Company. The update follows the Company's intimation dated 2 November 2026 and sets out two separate developments.

Delhi High Court: Section 9 Petition disposed

• Project Holdings Fourteen (DIFC) Limited, described in the update as the Investor, had shared a petition under Section 9 of the Arbitration and Conciliation Act 1996 before the High Court of Delhi at New Delhi, seeking interim measures in aid of the arbitration. JPFL Films was Respondent No. 1 and the Company was Respondent No. 2.
• On 3 November 2026 the High Court opined that the agreed dispute resolution mechanism provided for alternative avenues to procure adequate interim relief.
• The Court accordingly disposed of the Section 9 Petition and directed that the parties may pursue the rights and remedies available to them.
• The Company and JPFL Films undertook to preserve all documents and company records in their possession and control in relation to the dispute.

Singapore High Court: interim anti-suit injunction

• The Investor has shared Originating Application HC/OA 1179/2026 before the General Division of the High Court of the Republic of Singapore, seeking, among other things, anti-suit injunctive relief in respect of the Petition shared by the Company before the National Company Law Tribunal, New Delhi Bench.
• An interim anti-suit injunction was granted on 2 November 2026. A copy of that order was received by the Company on 3 November 2026.

How to read this

• The disposal of the Section 9 Petition is a procedural outcome: the High Court pointed the parties to the agreed dispute resolution mechanism and to the remedies otherwise available to them. It is not described as a settlement of the dispute.
• The Singapore order is an interim anti-suit injunction relating to the Company's NCLT Petition, granted on an application by the Investor. It is one step within proceedings that are still running.
• The Company's disclosure marks the settlement-related particulars as Not Applicable, which is consistent with the matters remaining pending.

What a retail reader may take away

• This is a status update on pending legal and arbitration proceedings connected to a material subsidiary, not a financial result or a corporate action.
• The key takeaways are directional: the Delhi interim-relief petition has been disposed with parties left to their available remedies, while a Singapore court has granted interim anti-suit relief in connection with the Company's NCLT Petition.
• The update records that documents and records relating to the dispute will be preserved by the Company and JPFL Films.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.

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