Boil 3 cups of water in a medium sized pot. Add spinach in it, cook for a minute and take it out in a colander. Pour cold water over it.
Clean and dry the same pot and add ghee to it. Add onions and sauté. Cook covered for 2 mins on low to medium heat.
Grind cloves, cinnamon, peppercorns, ginger, garlic and green chilies to fine paste. Add this paste to the onions and sauté for another minute.
Add paneer to the pot and mix it gently with the onions.
In a blender make fine paste of the blanched spinach. Add it to the pot. Add ½ cup of water. Add salt to taste and mix well. Cook uncovered for 2 minutes and turn off the heat.