Page 1 of 3 $~51 * IN THE HIGH COURT OF…
Petition under Section 11 withdrawn with liberty to file a fresh petition if settlement fails; no merits observations.
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$~51
DELHI DYEING MILLS .....Petitioner
Through: Mr. A.S. Kulshrestha and Mr. Srajan.S. Kulshrestha, Advocates
versus
INDRAPRASTHA GAS LIMITED .....Respondent Through: Mr. Kapil Sankhla, Mr. Saurabh Gangwar and Ms. Richa Sharma, Advocates
CORAM: HON'BLE MR. JUSTICE SUBRAMONIUM PRASAD
“Article 24 DISPUTE RESOLUTION:
i. The SELLER and the BUYER shall make every effort to resolve amicably, by direct informal negotiations, any disagreement(s) or the dispute(s) arising between both the parties in relation to or in connection with this GSA whether directly or indirectly.
Page 1 of 3
ARB.P. 873/2026
This is a digitally signed order. 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 19/05/2026 at 01:35:33
ii. If any dispute or difference of any kind whatsoever shall arise out of this GSA (and whether before or after the termination or breach of this GSA) parties hereto shall promptly and in good faith negotiate with a view to its amicable resolution and settlement.
iii. In the event, no amicable resolution or settlement is reached within a period of 30 days from the date on which dispute difference arose (in writing), On invocation of the Arbitration clause by either Party, IGL may suggest a panel of three independent and distinguished persons and inform the same to the other party, other party to select any one among them to act as the sole arbitrator. In the event of failure of the other party to select the sole arbitrator within 30 days from the receipt of the communication suggesting the panel of arbitrators, the right of selection of sole arbitrator by the other party shall stand forfeited and IGL shall have right to proceed with the appointment of the sole arbitrator. In such case, the decision of IGL on the appointment of Sole Arbitrator shall be final and binding on the parties. The Parties to the dispute will share equally the cost of arbitration as intimated by the arbitrator.
(iv) The decision of the Arbitral Tribunal shall be final and binding on both the parties. The place of Arbitration shall be New Delhi, and the language of the arbitration should be in English.”
Page 2 of 3
ARB.P. 873/2026
This is a digitally signed order.
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 19/05/2026 at 01:35:33
petition in case settlement does not take place between the Parties.
SUBRAMONIUM PRASAD, J
MAY 14, 2026 S. Zakir
Page 3 of 3
ARB.P. 873/2026
This is a digitally signed order.
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 19/05/2026 at 01:35:33
1 provisions across 1 enactments
Delhi Dyeing Mills
Indraprastha Gas Limited
Subramonium Prasad
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
