Disposed

Durham Care Line India Pvt. Ltd. v. Icici Bank Limited

Delhi HC9 Feb 2024O.M.P. (T) (COMM.)/6/2024

Case brief

AI extract

What is this about?

The Delhi High Court entertained a petition for appointing an arbitrator pursuant to the Arbitration and Conciliation Act, 1996, after the first nominee declined to serve. The court referred the dispute to arbitration under DIAC using the DIAC procedure.

What did the court decide?

The dispute was referred to an arbitral tribunal to be nominated by the Delhi International Arbitration Centre.

Durham Care Line India Pvt. Ltd. Vs Icici Bank Limited — Arbitration | Delhi HC (2024)

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$~12

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IN THE HIGH COURT OF DELHI AT NEW DELHI

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- O.M.P. (T) (COMM.) 6/2024, I.A. 2071/2024, I.A. 2072/2024

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DURHAM CARE LINE INDIA PVT LTD ..... Petitioner Through: Mr. Lakhan Kumar Mishra, Adv.

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versus

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ICICI BANK LIMITED ..... Respondent Through: Dr. Hemant Gupta, Mr. Shivang Jain, Advs.

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CORAM:

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HON'BLE MR. JUSTICE DINESH KUMAR SHARMA

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O R D E R

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% 09.02.2024

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The present petition has been filed under Sections 14 & 15 of the Arbitration and Conciliation Act, 1996 (hereinafter, referred to as the ‘A&C Act’ ) for the appointment of an Arbitrator.

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Learned counsel submits that vide order dated 28.01.2024 Mr. Pawan Jeet Singh Bindra, Senior Advocate was appointed as an Arbitrator. However, vide communication dated 25.02.2022 Mr. Pawan Jeet Singh Bindra, Senior Advocate refused to be an Arbitrator as he has already advised ICICI Bank Limited on legal issues.

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Thus, the request has been made to substitute/replace the arbitrator.

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Learned counsel submits that the amount in dispute is around Rs. 25-26 lacs. Learned counsel for the respondent submits that the dispute is not liable to be referred as it is barred by limitation. However, I consider that since already an Arbitrator was appointed by this, the court at this stage cannot go into this question. Therefore, all the contentions including limitations to be kept open to be adjudicated by the learned

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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 16/12/2024 at 15:09:18

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Arbitrator.

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In view of the submissions made, 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.

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ii) As agreed by both the counsels for the parties, DIAC shall nominate an 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.

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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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DINESH KUMAR SHARMA, J

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FEBRUARY 9, 2024/AR

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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 16/12/2024 at 15:09:18

Durham Care Line India Pvt. Ltd. v. Icici Bank Limited

Case brief

What is this about?

What did the court decide?

Durham Care Line India Pvt. Ltd. v. Icici Bank Limited

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

Case details

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