Aditya Birla Finance Ltd. v. S B Designs & Anr.
Case brief
What is this about?
Section 11(5) Arbitration and Conciliation Act 1996 appointment of sole arbitrator; Aditya Birla Finance Ltd. (now Aditya Birla Capital Ltd.) v S B Designs & Anr; ARB.P. 1691/2024; Delhi HC; Loan Agreement dated 22.06.2020; Clause 32.17 arbitration clause; seat of arbitration Delhi; loan of Rs.1,00,09,000/-; default in repayment; Loan Recall Notice 13.06.2023; Section 21 notice dated 12.08.2024 claiming Rs.54,96,090.83/-; respondents served by publication, no appearance; Ms. Shweta Garg appointed Sole Arbitrator; arbitration under DIAC aegis, DIAC Schedule of Fees; disclosure under Section 12(2) within two weeks of entering on reference; petition disposed 11.12.2025.
What did the court decide?
Appointment of Ms. Shweta Garg, Advocate (Mob. No: 9810726033) as Sole Arbitrator to adjudicate the disputes between the parties under the Loan Agreement dated 22.06.2020; arbitration to be conducted under the aegis of DIAC with fees per the DIAC Schedule; arbitrator requested to file disclosure under Section 12(2) of the 1996 Act within two weeks of entering on reference; all rights and contentions of parties on claims/counter-claims kept open to be decided on merits; nothing in the order construed as an expression on merits; petition disposed of along with pending application(s), if any.