Allowed¶14

Texmaco Rail and Engineering Ltd. v. Power Grid Corporation of India Ltd.

Delhi HC10 Mar 2026ARB.P./233/2026

Case brief

AI extract

What is this about?

Section 11 Arbitration and Conciliation Act 1996 appointment of sole arbitrator; ARB.P. 233/2026; Texmaco Rail and Engineering Ltd v. Power Grid Corporation of India Ltd; Delhi High Court; Justice Avneesh Jhingan; arbitrator appointed with consent (Ms. Neeru Vaid, Advocate); fees per Schedule IV; Section 12 compliance before entering reference; no opinion on merits; claims/counterclaims open; order dated 10.03.2026.

What did the court decide?

Appointment of Ms. Neeru Vaid, Advocate as sole arbitrator (with consent of parties) to adjudicate the disputes between the parties; arbitrator's fees governed by Schedule IV of the Act and arbitrator to comply with Section 12 of the Act before entering upon reference. ¶14

Texmaco Rail and Engineering Ltd. Vs Power Grid Corporation of… — Arbitration | Delhi HC (2026)

What the court decided

AI extract

Outcome

¶14

Issue for consideration

Whether an arbitrator should be appointed under Section 11 of the Arbitration and Conciliation Act, 1996 to adjudicate the disputes between Texmaco Rail and Engineering Ltd and Power Grid Corporation of India Ltd.

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Court's answer

The petition is allowed; Ms. Neeru Vaid, Advocate is appointed, with the consent of the parties, as sole arbitrator to adjudicate the disputes that have arisen between the parties.

¶14

Ratio / Principle

The arbitrator's fees shall be governed by Schedule IV of the Act, and the arbitrator shall comply with Section 12 of the Act before entering upon reference.

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Key takeaways

The Court has not expressed any opinion on the merits of the rival claims; the parties are free to file their respective claims/counterclaims before the arbitrator, to be considered in accordance with law.ratio¶19

Detailed headnote1 paragraphs

High Court of Delhi (Avneesh Jhingan, J.), order dated 10.03.2026 in ARB.P. 233/2026: petition of Texmaco Rail and Engineering Ltd under Section 11 of the Arbitration and Conciliation Act, 1996 allowed. Counsel for respondent Power Grid Corporation of India Ltd had no objection to referral to arbitration, and counsel for both parties agreed to appointment of a counsel of the court as arbitrator. Ms. Neeru Vaid, Advocate was appointed, with the consent of the parties, as sole arbitrator for the disputes arising between the parties. Her fees are to be governed by Schedule IV of the Act, and she is to comply with Section 12 before entering upon reference. The Court expressly did not express any opinion on the merits of the rival claims; parties remain free to file claims/counterclaims before the arbitrator, to be considered in accordance with law.

¶1

$~13

¶2

IN THE HIGH COURT OF DELHI AT NEW DELHI

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- ARB.P. 233/2026

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TEXMACO RAIL AND ENGINEERING LTD .....Petitioner

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Through: Ms. Smita Bhargava, Ms. Swati Bhardwaj & Ms. Siddharth Samaiya, Advs.

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versus

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POWER GRID CORPORATION OF INDIA LTD .....Respondent Through: Mr. Robin V.S., Adv.

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CORAM:

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HON'BLE MR. JUSTICE AVNEESH JHINGAN

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O R D E R % 10.03.2026

¶11

The present petition is filed under Section 11 of the Arbitration and Conciliation Act, 1996 (for short ‘the Act’) for appointment of an arbitrator.

¶12

Learned counsel for the respondents on instructions has no objection for referring the matter to arbitration.

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Learned counsels for the parties have agreed for an appointment of a counsel of this court as an arbitrator.

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Accordingly, the petition is allowed by appointing Ms. Neeru Vaid, Advocate (Mobile No.: 9582619834), with the consent of the parties, as the sole arbitrator for adjudication of the disputes which have arisen between the parties.

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The fees of the learned Arbitrator will be governed by Schedule IV of the Act. Before entering upon reference, the learned Arbitrator will comply

¶16

This is a digitally signed order.

¶17

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 16/03/2026 at 17:01:14

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with Section 12 of the Act.

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It is made clear that since this Court has not expressed any opinion on the merits of the rival claims of the parties, it will be open for the parties to file their respective claims/counter claims before the learned Arbitrator which will be considered in accordance with law.

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A copy of this order be forwarded to the learned Arbitrator for information.

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AVNEESH JHINGAN, J

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MARCH 10, 2026 ‘ha’

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This is a digitally signed order.

¶24

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 16/03/2026 at 17:01:14

Texmaco Rail and Engineering Ltd. v. Power Grid Corporation of India Ltd.

Case brief

What is this about?

What did the court decide?

Texmaco Rail and Engineering Ltd. v. Power Grid Corporation of India Ltd.

Case brief

What is this about?

What did the court decide?

Why is it important?

What the court decided

Issues for consideration

Statutes considered

Parties & counsel

Coram

Case details

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