Delhi High Court: Cannot Attach Properties Outside Jurisdiction in Daiichi Sankyo & Ranbaxy Arbitration Case

The Delhi High Court ruled that it cannot directly attach immovable properties outside its territorial jurisdiction for enforcing foreign arbitral awards in the Daiichi Sankyo case against former Ranbaxy promoters.

Justice Anup Bhambhani emphasised that Code of Civil Procedure (CPC) restrictions apply, requiring property attachment orders to be executed by courts with proper territorial jurisdiction.

The Court rejected One Qube Realtors’ claim as an innocent third-party purchaser and issued a precept to the Gurugram District Court for property attachment worth ₹126 crores. Ownership disputes must be resolved by competent courts, not the executing court.

The ruling reinforces jurisdictional limits in cross-state enforcement of foreign awards.