Axis Finance Limited v. Vardharajan Nadadur Varadavishnu & Anr.
Case brief
What is this about?
Delhi High Court order dated 29.07.2025 by Justice Amit Bansal in ARB.P. 660/2025 (I.A. 18039/2025, u/O-IX R-13 CPC): recall application by respondents (Vardharajan Nadadur Varadavishnu & Anr.) against ex-parte order dated 08.07.2025 appointing an independent Arbitrator dismissed; ground of disability and non-appearance despite service rejected as no prejudice caused; arbitration clause not disputed; liberty granted to explore settlement with petitioner Axis Finance Limited (counsel: Ankush Bharadwaj; respondents' counsel: Sabarish Subramanian, K.S. Badhrinathan).
What did the court decide?
Application dismissed; liberty given to the respondents to approach the petitioner to explore the possibility of settlement. ¶20-21