M/S. Vermas Beauty Parlour Pvt. Ltd. v. M/S. Procapitus Business Park Pvt. Ltd.
Case brief
What is this about?
Delhi High Court, O.M.P.(I)(COMM.) 444/2024, decided 19.03.2025 by Jasmeet Singh, J. Section 9 Arbitration and Conciliation Act petition treated as Section 17 application on joint request; sole arbitrator appointed (Mr. Harkirat Sawhney, Advocate); arbitration under DIAC aegis; DIAC fee rules applicable; Section 12 disclosure directed; lease dispute — Vermas Beauty Parlour v. Procapitus Business Park — Plot No. C-41, Sector 62, Noida; Lease Agreement dated 18.10.2022; Clause 12 arbitration clause; possession and arrears of rent sought; four-week disposal timeline from entering reference; parties to approach arbitrator within two weeks; all contentions including arbitrability left open; no costs or monetary award; no precedents discussed.
What did the court decide?
Petition allowed: Mr. Harkirat Sawhney, Advocate appointed Sole Arbitrator; arbitration under the aegis of DIAC with remuneration per DIAC (Administrative Cost and Arbitrators’ Fees) Rules, 2018; petition treated as a Section 17 application to be disposed of not later than four weeks from entering the reference; arbitrator to furnish Section 12 declaration; all rights, contentions, arbitrability objections, claims and counter-claims left open; parties to approach the arbitrator within two weeks.