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Maj. Gen. Manjit Singh Sandhiu & ... vs Splendor Buildwell Pvt Ltd. & Anr.
2021 Latest Caselaw 2867 Del

Citation : 2021 Latest Caselaw 2867 Del
Judgement Date : 21 October, 2021

Delhi High Court
Maj. Gen. Manjit Singh Sandhiu & ... vs Splendor Buildwell Pvt Ltd. & Anr. on 21 October, 2021
$~10 & 11
*     IN THE HIGH COURT OF DELHI AT NEW DELHI

%                                          Date of decision: 21.10.2021

+     ARB.P. 981/2021
      MAJ. GEN. MANJIT SINGH SANDHIU & ANR...... Petitioners
                         Through    Mr.Siddhant Asthana & Mr.Siddhant
                                    Nath, Advs.

                         versus

      SPLENDOR BUILDWELL
      PVT LTD. & ANR.                               ..... Respondents
                    Through         Mr.Pulkit Malhotra, Adv.

+     ARB.P. 983/2021
      MUKESH TANEJA & ANR.                             ..... Petitioners
                         Through    Mr.Siddhant Asthana & Mr.Siddhant
                                    Nath, Advs.

                         versus

      SPLENDOR BUILDWELL
      PVT LTD. & ANR.                         .....Respondents
                    Through Mr.Pulkit Malhotra, Adv.
      CORAM:
      HON'BLE MR. JUSTICE SURESH KUMAR KAIT

                         J U D G M E N T (oral)

The hearing has been conducted through video conferencing.

1. Petitioner in the first captioned petition being [ARB.P.981/2021] is

Major General Manjit Singh Sandhu and Mrs. Deepak Sandhu and in the

second captioned petition being [ARB.P. 983/2021] is Mr. Mukesh Taneja

and Mr. Ranjan Jasuja who have preferred these petitions under the

provisions of Section 11 (6) of Arbitration and Conciliation Act, 1996 for

appointment of an arbitrator to adjudicate the disputes between the parties.

2. Since parties to the present petitions are similar and even the subject

matter of these petitions is more or less similar, therefore, with the consent

of counsel representing both the sides, these petitions have been heard

together and are being disposed of by this common judgment.

3. According to the petitioner(s), respondents No.1 & 2 companies

registered under the Companies Act, 1956 who are said to be sister

concerns, entered into a Space Buyers Agreement and Memorandum of

Understanding dated 20.04.2016 in [ARB.P.981/2021]; Space Buyers

Agreement 01.08.2017 and Memorandum of Understanding dated

27.06.2017 in [ARB.P.983/2021]. The petitioner(s) claims to have paid

entire amount of Rs.20,87,400/ towards sales consideration with respect to

unit No.419 A, admeasuring super area of 500 sq.ft on the Fourth Floor of

Tower-B situated at Spectrum One, Sector-58 in the revenue estate of

Village Behrampur, Tehsil Sohna and District Gurgaon, Haryana (in

ARB.P.981/2021) and Rs.31,35,000/- towards sales consideration with

respect to unit No.323, admeasuring super area of 1000 sq.ft on the of

Tower B situated Spectrum One, Sector-58 in the revenue estate of Village

Behrampur, Tehsil Sohna and District Gurgaon, Haryana (in

ARB.P.983/2021).

4. Learned counsel for petitioners submits that despite payment of entire

sale consideration and meeting the demands for payment so raised by the

respondents, the conveyance deed in favour of petitioners has not been

executed with respect to the said unit. The respondents sent a letter dated

07.01.2021 (in ARB.P.981/2021) and 04.01.2021 (in ARB.P.983/2021) to

the petitioners, raising frivolous pleas and fictitious claims under the

Banning of Unregulated Deposit Schemes Act, 2019 and stated that under

the provisions of the said Act, the Memorandum of Understandings in

question stood terminated.

5. In such circumstances, petitioner filed petitions before District Courts

[OMP (I) (Comm.) 174/2021 in ARB.P.981/2021 & OMP (I) (Comm.)

190/2021 in ARB.P.983/2021], wherein the respondents agreed not to

alienate the unit subsequently allotted in the favour of the petitioners.

6. It is pleaded on behalf of the petitioners that petitioners vide Notices

dated 16.07.2021 (in ARB.P.981/2021) and 04.08.2021 (in

ARB.P.983/2021) invoked the arbitration clause and nominated Shri Rachit

Batra as the Sole Arbitrator and invited respondent to give confirmation to

the same. However, the respondents replied to the said notice of the

Petitioner (in ARB.P.981/2021) on 13.08.2021 and proposed its own sole

Arbitrator and in ARB.P.983/2021, respondents neither sent any

confirmation nor replied to the notice.

7. At the hearing, learned counsel appearing on behalf of respondents

disputed the claims raised by the petitioner, however, very fairly conceded

that the disputes inter se parties can be resolved through arbitration and

prayed this Court that this Court may appoint sole Arbitrator.

8. This Court has heard the submissions advanced by both the sides.

9. Accordingly, Ms. Anita Sahni, Advocate (Mobile: 9810113256) is

appointed sole Arbitrator in these petitions to adjudicate the dispute between

the parties.

10. The fee of the learned Arbitrator shall be governed by the Fourth

Schedule of the Arbitration and Conciliation Act, 1996.

11. The learned Arbitrator shall ensure compliance of Section 12 of

Arbitration and Conciliation Act, 1996 before commencing the arbitration.

12. With aforesaid directions, the above captioned petitions are

accordingly disposed of.

(SURESH KUMAR KAIT) JUDGE OCTOBER 21, 2021 ab

 
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