M/S Livfast Batteries Private Limited v. M/S Power Solution & Anr.
Case brief
What is this about?
Section 11(6) arbitrator appointment; Livfast Batteries v Power Solution; Authorized Dealership/Distributorship Agreement 25.10.2018; Clause 21 arbitration clause; seat Delhi; non-signatory respondent deleted from array of parties; Order I Rule 10 CPC impleadment before arbitrator; stamping objection left open; Section 21 notice 21.10.2024; claim Rs.5,19,05,086; Raghenth Basant Senior Advocate Sole Arbitrator; DIAC aegis and fee schedule; Section 12(2) disclosure; Section 9 interim measures petition converted to Section 17; asset disclosure, attachment, security ₹ 6,51,40,883; dishonoured cheques Rs.2,78,37,513 and Rs.2,40,67,573; interim restraint on third-party rights dated 07.01.2025; property allegedly sold before interim order; Delhi International Arbitration Centre; disposed 19.11.2025.
What did the court decide?
Appointment of Mr. Raghenth Basant, Senior Advocate as Sole Arbitrator (under DIAC aegis, fees per DIAC Schedule) to adjudicate disputes under the Agreement dated 25.10.2018, with Respondent No.2 deleted from the array of parties subject to a possible impleadment application under Order I Rule 10 CPC before the Arbitrator; the Section 9 petition (O.M.P.(I) (COMM.) 5/2025) referred to the Arbitrator to be considered as a Section 17 petition and decided preferably within four weeks; all rights and contentions kept open.