Tata Capital Limited v. Pr Sales Agency and Anr.
Arbitration and Conciliation Act, 1996 – Sections 14 and 15
Case brief
What is this about?
Termination of arbitral mandate under Sections 14 and 15, Arbitration and Conciliation Act 1996; sole arbitrator lacking Clause 12 experience/qualification of Working Capital Demand Loan Agreement dated 31.10.2023; respondents concurred (ad idem); mandate terminated, petition disposed of, liberty to seek fresh appointment via Section 11 application; prior Court-appointed arbitrator (ARB P. No. 1592 of 2025, order dated 22.11.2025); High Court of Delhi; O.M.P. (T) (COMM.) 1/2026; Justice Subramonium Prasad; Tata Capital Limited v PR Sales Agency and Anr.
What did the court decide?
Termination of the mandate of the Sole Arbitrator effected; liberty left to the Petitioner to seek appointment of an Arbitrator through an appropriate application under Section 11 of the Arbitration and Conciliation Act, 1996. ¶17