M/S Delhi Metro Rail Corporation Ltd. v. M/S Parsvnath Developers Ltd.
Case brief
What is this about?
Section 11 Arbitration and Conciliation Act 1996 appointment of arbitrator; Delhi High Court ARB.P. 522/2025; DMRC (Delhi Metro Rail Corporation) v Parsvnath Developers; Concession Agreement 28.04.2006; Kashmere Gate Metro Station; arbitration clause 11.2; invocation notice 29.05.2024; respondent no objection; Justice Najmi Waziri (Retd.) sole arbitrator; DIAC aegis and rules; DIAC Administrative Cost and Arbitrators’ Fees Rules 2018; Section 12 declaration; arbitrability and all contentions left open; approach arbitrator within two weeks; petition allowed and disposed 14.05.2025; Jasmeet Singh J.
What did the court decide?
Appointment of Mr. Justice Najmi Waziri (Retd.) as Sole Arbitrator; arbitration to be held under the aegis and rules of DIAC, Delhi High Court; arbitrator's remuneration per DIAC (Administrative Cost and Arbitrators’ Fees) Rules, 2018; declaration under Section 12 of the Act before entering the reference; parties to approach the arbitrator within two weeks; petition disposed of in these terms.