Sammaan Capital Limited Vs Surabhi Gehlot

$~12, 14, 22

IN THE HIGH COURT OF DELHI AT NEW DELHI

- ARB.P. 1500/2024

INDIABULLS COMMERCIA	L CREDIT LT	D .....Petitione	r
Through:	Mr. Anirudh	Bakhru, Mr.	nkit
versus	Banati, Mr. Naman Gowd	Aditi Nair and a, Advocates.	Mr.
AMBIENCE PRIVATE LTD		.....Respond	ent
Through:	Mr. P.K.	Agrawal, Mr.	V.
	AnushRaajan,	Mr. Ak	shay
	Chitkara, Ms.	Sanjoli Gupta,	Mr.
	Rishabh Tom Jain, Advocat	ar and Mr. Da es.	rpan

¶5

ARB.P. 1503/2024, IA 47991/2024 SAMMAAN CAPITAL LIMITED .....Petitioner Through: Mr. Kartik Nayar, Mr. Ankit Banati, Mr. Adith Nair and Mr. Naman Gowda, Advocates. versus SARA ESTATES PRIVATE LIMITED & ANR .....Respondents Through: Mr. P.K. Agrawal, Mr. V. AnushRaajan, Mr. Akshay Chitkara, Ms. Sanjoli Gupta, Mr. Rishabh Tomar and Mr. Darpan Jain, Advocates.

¶6

+ ARB.P. 1999/2024

¶7

SAMMAAN CAPITAL LIMITED .....Petitioner Through: Mr. Rajiv Nayar, Senior Advocate with Mr. Kartik Nayar, Ms.Manjira Das Gupta and Mr. Kashish Bansal, Advocates.

¶8

versus SURABHI GEHLOT .....Respondent Through: Mr. P.K. Agrawal, Mr. V. AnushRaajan, Mr. Akshay Chitkara, Ms. Sanjoli Gupta, Mr.

¶9

This is a digitally signed order.

¶10

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 15/02/2025 at 11:59:37

¶11

Rishabh Tomar and Mr. Darpan Jain, Advocates.

¶12

CORAM:

¶13

HON'BLE MR. JUSTICE MANOJ KUMAR OHRI O R D E R % 12.02.2025

¶14

By way of present petitions filed under Section 11(5)& (6) of theArbitration and Conciliation Act, 1996 (hereinafter, referred to as the ‘A&C Act’), the petitioner seeks appointment of anArbitrator to adjudicate the disputes between the parties with respect to Agreements to Sell dated 18.11.2022 and 04.10.2021 respectively, wherein Clause 27 and Clause 18 and of the said agreements provides for reference to arbitration for resolution of disputes, to be governed by the A&C Act and further stipulates New Delhi as the seat of arbitration.

¶15

Learned counsel for the petitioners submits that the petitioners invoked the arbitration clause under the aforesaid Agreements by issuing notices under Section 21 of the A&C Act, dated 20.04.2024, 28.03.2024 and 01.08.2024, respectively.

¶16

Learned counsel appearing for the respondents, on instructions,submitsthat the respondentshave no objection to the matter beingreferred to the Arbitral Tribunal comprising of a Sole Arbitrator.

¶17

Considering that both the parties have consented to the reference to the ArbitralTribunal, the present petition is disposed of with the following directions: -

¶18

i) The disputes between the parties under the subject Agreements in all the above-mentioned petitions are referred to the Arbitral Tribunal. ii) Mr. Justice Krishna Murari, former Judge of the Supreme Court of India, (Mob: 9415308516) is appointed as the Sole Arbitrator to adjudicate the disputes between the parties.

¶19

This is a digitally signed order.

¶20

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 15/02/2025 at 11:59:37

¶21

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 DIAC (Administrative Cost and Arbitrators’ Fees) Rules, 2018 or as the parties may agree.

¶22

iv) The learned Arbitrator shall furnish a declaration in terms of Section 12 of the Act prior to entering into the reference.

¶23

v) It is made clear that all the rights and contentions of the parties, including on the existence and validity of the Arbitration agreement, novation of the agreements, arbitrability of any of the claim/counter claim, any other preliminary objection, need and legality of interim relief, as well as contentions on merits of the dispute by either of the parties, are left open for adjudication by the learned arbitrator.

¶24

vi) The parties shall approach the learned Arbitrators within two weeks from today.

¶25

MANOJ KUMAR OHRI, J

¶26

FEBRUARY 12, 2025/ rd

¶27

This is a digitally signed order.

¶28

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 15/02/2025 at 11:59:37

Sammaan Capital Limited v. Surabhi Gehlot

Case brief

What is this about?

What did the court decide?

Sammaan Capital Limited v. Surabhi Gehlot

Case brief

What is this about?

What did the court decide?

Why is it important?

What the court decided

Issues for consideration

Statutes considered

Procedural history

Parties & counsel

Coram

Case details

Similar cases

Tata Capital Housing Finance Ltd. Vs Kalra Paper Convertor and Traders Pvt. Ltd. and Ors.

Nazar Opticals and Pharmaceuticals Private Limited Vs Associate Director Finance and Administration Johnson and Johnson Surgical Vision India Private Lim

Akasa Finance Limited Vs Sai Precious Traexim Private Limited & Anr.

M/S Valley Telegence Pvt. Ltd. Vs M/S Rah Infotech Pvt. Ltd.

M/S T.G. Leisure and Resorts Pvl Ltd. Vs M/S Soft Key Rooms Hospitality Services LLP

D N Publications Vs Delhi Urban Shelter Improvement Board