Dismissed

Surya Tractor Company v. New Holland Fiat India Pvt. Ltd. Now Known as Cnh Industrial India Pvt. Ltd. & Ors.

Delhi HC10 Jan 2024ARB.P./118/2022

Case brief

AI extract

What is this about?

Petitioner sought to withdraw its arbitration petition without maintaining it, seeking liberty to file a civil suit for recovery and claiming limitation benefits. The court allowed the withdrawal and disposed of the matter.

What did the court decide?

Liberty granted to withdraw the petition and file a civil suit; benefit of Section 14 of Limitation Act granted.

Surya Tractor Company Vs New Holland Fiat India Pvt. Ltd. Now… — Arbitration | Delhi HC (2024)

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$~1

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IN THE HIGH COURT OF DELHI AT NEW DELHI

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- ARB.P. 118/2022 & I.A. 8464/2022

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SURYA TRACTOR COMPANY ..... Petitioner Through: Mr. V. Kale, Mr. Soumya Dutta and Mr. Siddhant Upmanyu, Advs. (through VC)

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versus

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NEW HOLLAND FIAT INDIA PVT. LTD. NOW KNOWN AS CNH INDUSTRIAL INDIA PVT. LTD. & ORS.

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..... Respondents Through: Mr Sudhir Nandrajog, Sr. Adv. with Mr Niraj Singh, Mr Deepak Jaiswal and Mr Shivang Singh, Advs. for R-1. Mr Viraj Kadam, Adv. for R-2 to R-4 (through VC)

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CORAM: HON'BLE MR. JUSTICE JASMEET SINGH

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O R D E R % 10.01.2024

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This is a petition under Section 11(5) of the Arbitration and Conciliation Act, 1996 filed by Surya Tractor Company, through Mr Balasaheb Dattatraya Bhosale, seeking disputes arising out of a Tri-Party Agreement dated 08.03.2016 executed between the respondent, Surya Tractor Company i.e. the petitioner and Sanjay Tractors and Automobile, i.e. respondent No.2.

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It is stated by Mr Kale, learned counsel for the petitioner that Mr Balasaheb Dattatraya Bhosale was a partner in Surya Tractor Company till 08.03.2016 and the disputes pertained to that period only. Hence, the

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This is a digitally signed order.

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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 11:28:02

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arbitration petition.

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Mr Nandrajog, learned senior counsel appears for respondent No.1 and states that the partnership Surya Tractor Company was changed to M/s. Sanjay Tractors and Automobile vide partnership agreement dated 11.12.2015, hence, the petition as filed is not maintainable.

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Mr Kale, learned counsel for the petitioner in this view of the matter seeks to withdraw the petition with liberty to file a civil suit for recovery on the same cause of action.

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Mr Balasaheb Dattatraya Bhosale shall also be entitled to the benefit of Section 14 of the Limitation Act, 1963 in accordance with law.

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The parties will be entitled to raise all issues as available in law.

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Granting the liberty as aforesaid, the petition is disposed of.

JASMEET SINGH, J

JANUARY 10, 2024

Click here to check corrigendum, if any

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This is a digitally signed order.

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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 11:28:02

Surya Tractor Company v. New Holland Fiat India Pvt. Ltd. Now Known as Cnh Industrial India Pvt. Ltd. & Ors.

Case brief

What is this about?

What did the court decide?

Surya Tractor Company v. New Holland Fiat India Pvt. Ltd. Now Known as Cnh Industrial India Pvt. Ltd. & Ors.

Case brief

What is this about?

What did the court decide?

What the court decided

A compact analysis

Parties & counsel

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