Smt. Gunjan Sharma v. Sh. Sushant Sharma & Anr.
Case brief
What is this about?
Section 9 interim measures; appointment of sole arbitrator; referral of Section 9 petition as Section 17 application; partnership dispute between spouses; M/s Karmic Pharma; Partnership Deed dated 18.04.2017; arbitration clause in partnership deed; freeze on withdrawals from firm's bank account; mutual consent for necessary business expenses; Fourth Schedule arbitrator fees; Section 12(2) disclosure; Gunjan Sharma v. Sushant Sharma; O.M.P.(I)(COMM.) 498/2025; Delhi High Court; Subramonium Prasad, J.; order dated 05.12.2025.
What did the court decide?
I.A. 30248/2025 (Exemption) allowed subject to all just exceptions; Ms. Varuna Bhandari Gugnani, Advocate, appointed Sole Arbitrator (fees per Fourth Schedule; Section 12(2) disclosure within two days of entering on reference); Section 9 petition to be considered by the Arbitrator as a Section 17 application, to be decided preferably within two weeks; for two weeks no withdrawal of money from the Partnership firm's bank account by either side except with consent of both parties for unavoidable and necessary business expenses; all rights and contentions on claims/counter-claims kept open; petition disposed of along with pending application(s), if any.