Tript Singh v. Hero Fincorp Limited
Case brief
What is this about?
Arbitrability; Section 16 Arbitration and Conciliation Act 1996; Section 18 RDB Act; Recovery of Debts and Bankruptcy Act 1993; Debt Recovery Tribunal exclusive jurisdiction; non-arbitrability; DRT bar on arbitration; Vidya Drolia v. Durga Trading Corporation (2021) 2 SCC 1; Hero Fincorp Limited; DIAC/7621/01-24; Sole Arbitrator; Delhi High Court CM(M) 413/2025; liberty to file fresh Section 16 application; ground never pressed; rights and contentions reserved.
What did the court decide?
Petition disposed of with liberty to the petitioner to file a fresh application before the Arbitrator urging the ground that the subject matter falls exclusively within DRT jurisdiction under the RDB Act; upon filing, the Arbitrator to dispose of it as per law, with all rights and contentions reserved. (Separately, CM APPL. 12414/2025 exemption application allowed subject to all just exceptions.)