Heat a sizzler plate. Cut capsicum into thick strips and onion into thick slices.
Heat 2 tbsps oil in a non stick wok. Cut paneer into thick rectangles.
Add onion, capsicum and salt to the wok and sauté, tossing, for 2-3 minutes. Transfer into a bowl.
Heat 2 tbsps oil in the same wok, add garlic and ginger paste and sauté. Add sweet chilli sauce, chilli paste and salt and mix. Add ½ cup water and mix. Add cornflour mixture and mix and cook till the sauce thickens slightly.
Add paneer pieces and mix gently. Add chilli flakes and 1 tbsp honey and mix. Add vinegar and mix again. Add salt and mix.
Place the sizzler plate on the wooden base. Spread the capsicum-onion mixture on the base.
Top with Honey Chilli Paneer. Drizzle remaining honey over it and serve immediately.