M/S Pinnacle Capital Solutions Pvt. Ltd. v. M/S Virinchi Capital Private Limited
Case brief
What is this about?
Delhi High Court; ARB.P. 127/2025; decided 16.12.2025; Subramonium Prasad (single judge); Section 11(6) Arbitration & Conciliation Act appointment of arbitrator; M/s Pinnacle Capital Solutions Pvt Ltd v M/s Virinchi Capital Private Limited; sourcing and service agreement dated 08.01.2021; arbitration clause; seat of arbitration Delhi; mediation failed; Section 21 notice issued 15.10.2024; joint request for independent Sole Arbitrator; Justice Anil Ramesh Dave (Former Supreme Court Judge) appointed Sole Arbitrator; Delhi International Arbitration Centre (DIAC); DIAC Schedule of Fees; Section 12(2) disclosure within a week; claims and counter-claims kept open; no expression on merits; petition disposed of with pending applications.
What did the court decide?
Appointment of Justice Anil Ramesh Dave, Former Judge of the Supreme Court, as Sole Arbitrator to adjudicate the disputes between the parties; arbitration to proceed under DIAC rules with fees per the DIAC Schedule of Fees; arbitrator to file Section 12(2) disclosure within a week of entering on reference; claims and counter-claims kept open to be decided on merits; petition disposed of with pending application(s).