Dismissed

M/S. Techxaa Soft Pvt. Ltd. v. M/S. Chillitray Technologies & Ors.

Delhi HC11 Jan 2024ARB.P./1036/2023

Case brief

AI extract

What is this about?

In an arbitration petition, the Delhi High Court appointed a former Principal District & Sessions Judge as sole arbitrator under a Non-Disclosure Agreement. The court fixed the DIAC as the venue and directed parties to approach the arbitrator within two weeks.

What did the court decide?

Appointment of Mr. Vinay Kumar Gupta as sole arbitrator; succession of disputes to the arbitral tribunal under DIAC aegis within two weeks.

M/S. Techxaa Soft Pvt. Ltd. Vs M/S. Chillitray Technologies & Ors. — Arbitration | Delhi HC (2024)

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$~7

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IN THE HIGH COURT OF DELHI AT NEW DELHI

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- ARB.P. 1036/2023 M/S. TECHXAA SOFT PVT. LTD. ..... Petitioner

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Through: Mr. Aditya Mishra, Adv.

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versus

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M/S. CHILLITRAY TECHNOLOGIES & ORS. ..... Respondents Through: Mr.Rishav Dubey and Mr.Amit Kumar, advts. for respondents no.1 to 4.

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CORAM:

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HON'BLE MR. JUSTICE DINESH KUMAR SHARMA

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% 11.01.2024

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I.A. 19754/2023 (exemption)

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Exemption is allowed subject to all just exceptions.

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Application stands disposed of.

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ARB.P. 1036/2023

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Present petition has been filed for appointment of a sole arbitrator for adjudication of the disputes inter se the parties. The parties have entered into a Non-Disclosure Agreement dated 05.04.2021. Clause 12 of the agreement provides that any dispute if arisen between the parties, shall be finally settled by arbitration under the provisions of Arbitration and Conciliation Act with the seat of arbitration at New Delhi.

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Learned counsel for the respondent has appeared and submits that the matter may be referred to arbitration.

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In view of the arbitration agreement between the parties. the venue at New Delhi and the fact that there is arbitrable dispute between the parties, Mr. Vinay Kumar Gupta, Former Principal District & Sessions Judge is

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This is a digitally signed order. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 18/05/2024 at 11:27:57

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appointed as arbitrator.

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Considering that both the parties have consented to the reference to the arbitral tribunal, the present petition is disposed of with the following directions:

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i) The disputes between the parties under the said agreement are referred to the arbitral tribunal. ii) As agreed by both the counsels for the parties, Mr. Vinay Kumar Gupta, Former Principal District & Sessions Judge is appointed as arbitrator to adjudicate the disputes between the parties.

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iii) The arbitration will be held under the aegis of the Delhi International Arbitration Centre, Delhi High Court, Sher Shah Road, New Delhi hereinafter, referred to as the ‘DIAC’). The remuneration of the learned Arbitrator shall be in terms of Schedule IV of the A&C Act or as the parties may agree.

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iv) The learned Arbitrator is requested to furnish a declaration in terms of Section 12 of the Act prior to entering into the reference. v) It is made clear that all the rights and contentions of the parties, including as to the arbitrability of any of the claim, any other preliminary objection, as well as claims on merits of the dispute of either of the parties, are left open for adjudication by the learned arbitrator.

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vi) The parties shall approach the learned arbitrator within two weeks from today.

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The petition is disposed of in the above terms.

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DINESH KUMAR SHARMA, J

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JANUARY 11, 2024/ rb

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M/S. Techxaa Soft Pvt. Ltd. v. M/S. Chillitray Technologies & Ors.

Case brief

What is this about?

What did the court decide?

M/S. Techxaa Soft Pvt. Ltd. v. M/S. Chillitray Technologies & Ors.

Case brief

What is this about?

What did the court decide?

What the court decided

A compact analysis

Issues for consideration

Statutes considered

Parties & counsel

Coram

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