Moneywise Financial Services Pvt. Ltd. v. Techno Electronics through Its Proprietor Sh Rajesh Rameshchandra Gandhi and Anr.
Arbitration – Section 11 petition – withdrawal
Case brief
What is this about?
Moneywise Financial Services Pvt Ltd v. Techno Electronics through its proprietor Sh Rajesh Rameshchandra Gandhi and Anr., ARB.P. 1957/2024, High Court of Delhi, Hon'ble Mr. Justice Jasmeet Singh, order dated 04.08.2025 - Section 11 arbitration petition withdrawn as only the stamp paper/first page of the Loan Agreement bore the respondents' signatures; liberty to file a civil suit on the same cause of action and a fresh Section 11 petition if an arbitration-agreement objection is raised therein.
What did the court decide?
Petition disposed of as withdrawn, with liberty to file a civil suit on the same cause of action and liberty to file a fresh Section 11 petition if the respondents object in that suit that an arbitration agreement exists between the parties. ¶13