Disposed¶20

Red Fort Capital Finance Company Private Limited v. M/S Databit Technologies Private Limited & Ors.

Delhi HC24 Jan 2025O.M.P.(I) (COMM.)/66/2024

Case brief

AI extract

What is this about?

O.M.P.(I) (COMM.) 66/2024, Delhi High Court, Subramonium Prasad J., 24.01.2025; Section 9 interim relief petition converted to Section 17 Arbitration and Conciliation Act 1996 application; Arbitral Tribunal already constituted; arbitrator to decide expeditiously; amendment of grounds permitted after notice dated 29.02.2024; petition disposed of with pending applications.

What did the court decide?

Permission granted to amend the Section 9 petition to bring on record subsequent events (post-notice of 29.02.2024); petition to be proceeded with as a Section 17 application before the learned Arbitrator, who is directed to decide it expeditiously. ¶20

Red Fort Capital Finance Company Private Limited Vs M/S Databit… — Arbitration | Delhi HC (2025)

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$~3

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IN THE HIGH COURT OF DELHI AT NEW DELHI

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- O.M.P.(I) (COMM.) 66/2024

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RED FORT CAPITAL FINANCE COMPANY PRIVATE LIMITED

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.....Petitioner Through: Ms. Mani Gupta, Mr. Aman Choudhary, Mr. Akshat Goyal (Advocates)

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versus

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M/S DATABIT TECHNOLOGIES PRIVATE LIMITED & ORS.

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.....Respondents

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Through: Mr. Ram Avtar Sharma Advocate for Respondent 1 to 3

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CORAM:

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HON'BLE MR. JUSTICE SUBRAMONIUM PRASAD

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O R D E R % 24.01.2025

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It is stated by the learned Counsel for the Respondent that an Arbitrator Tribunal has already been constituted. This fact is not disputed by the learned Counsel for the Petitioner.

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Let this Petition under Section 9 of the Arbitration Act be treated as one under Section 17 of the Arbitration Act by the learned Arbitrator.

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The Ld. Arbitrator is directed to decide the application under Section 17 of the Arbitration and Conciliation Act, 1996 expeditiously.

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In view of the fact that the notice was sent on 29.02.2024, the learned Counsel for the Petitioner is permitted to make suitable amendments bringing on record subsequent events that has transpired and permission was granted to add and amend the grounds as raised in the petition filed under Section 9 of the Arbitration and Conciliation Act, 1996.

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O.M.P.(I) (COMM.) 66/2024 Page 1 of 2

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This is a digitally signed order.

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The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 04/02/2025 at 12:09:18

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With these directions, the Petition is disposed of along with the pending applications, if any.

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SUBRAMONIUM PRASAD, J

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JANUARY 24, 2025 RJ

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O.M.P.(I) (COMM.) 66/2024 Page 2 of 2

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This is a digitally signed order.

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The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 04/02/2025 at 12:09:18

Red Fort Capital Finance Company Private Limited v. M/S Databit Technologies Private Limited & Ors.

Case brief

What is this about?

What did the court decide?

Red Fort Capital Finance Company Private Limited v. M/S Databit Technologies Private Limited & Ors.

Case brief

What is this about?

What did the court decide?

Why is it important?

What the court decided

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