Heat ghee in a skillet, and add cumin seeds. Let them crackle. Now add bay leaf and cloves, and saute them.
Add chopped onion, and saute it till golden brown. Add ginger-garlic paste after the browning of the onions, and saute for 30 seconds.
Add turmeric, red chili, and coriander powder in any order, and mix them well. Add a splash of water to avoid their burning.
Pour in the tomato puree, add salt, and cook it till the ghee separates.
Add a generous amount of water, and give it a nice boil.
Add green peas, boiled potatoes, and paneer. Cook them until you get a semi-thick gravy.
Garnish it with coriander leaves, and fresh cream.
Your aloo matar paneer is ready to serve.