Grind onion, ginger, garlic to a smooth paste without adding water and keep aside.
Also blend the tomatoes separately and keep aside.Note i used ½ can of tomato puree(sauce) about 1 cup for this recipe.
Press SAUTE on Instant Pot. Add oil in to the POT.Once POT is hot add bay leaves, cardamom and cumin ,let them sizzle.
Next add ground onion paste.Saute for 4 mins until the onion paste turns light brown.
Add the tomatoes puree, dry spices like turmeric, red chilli powder ,coriander powder ,salt to the instant pot and cook for another 2-3 mins.
Add the cubed paneer, frozen green peas and water to the instant pot.Deglaze the pot if anything is stuck to the bottom.
Close the lid on the pot, and turn pressure valve to SEALING position.
Set the pot to MANUAL/PRESSURE COOK (High Pressure) and set timer to 2 minutes.Do a QUICK RELEASE(QR).
Then add garam masala powder, cashew cream ,crushed dried fenugreek leaves and mix well.
Garnish with cilantro. Mutter paneer is ready to serve.