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Bharti P Patel And Anr & Ors. vs Mr Harcharan Singh Ranauta & Anr.
2022 Latest Caselaw 511 Del

Citation : 2022 Latest Caselaw 511 Del
Judgement Date : 17 February, 2022

Delhi High Court
Bharti P Patel And Anr & Ors. vs Mr Harcharan Singh Ranauta & Anr. on 17 February, 2022
$~7
*      IN THE HIGH COURT OF DELHI AT NEW DELHI

%                                                Date of decision: 17.02.2022
+      ARB.P. 28/2022

       BHARTI P PATEL AND ANR & ORS.           ..... Petitioners
                     Through Mr.Shiv Gupta, Adv.

                            versus

       MR HARCHARAN SINGH RANAUTA & ANR...... Respondents
                  Through   None.

       CORAM:
       HON'BLE MR. JUSTICE SURESH KUMAR KAIT

                             J U D G M E N T (oral)

1. The present petition has been preferred under the provisions of Section

11(5) of the Arbitration and Conciliation Act, 1996 seeking appointment of

sole Arbitrator to adjudicate the disputes inter-se the parties.

2. As per the case of the petitioners, on 17.08.2020, the petitioners and the

respondents entered into a Loan Repayment and Settlement Agreement

whereby it was agreed that respondent No.1 would issue a post-dated cheque of

Rs.12,05,50,191/- from his account for payment of the admitted liability. It is

stated that respondent No.1 in conspiracy with other Directors of respondent

No. 2, dishonestly issued a cheque of Rs.12,05,50,191/- from the dormant

account of respondent No.2, which on presentation was returned. Thereafter,

disputes arose between the parties.

3. Accordingly, a legal notice was sent by the petitioners to the

respondents on 28.07.2021 calling upon them to pay Rs.12,05,50,191/- along

with interest @ 9% p.a. It is submitted that despite receipt of the said notice,

the respondents failed to make any payment to the petitioners.

4. Subsequently, on 20.08.2021, petitioners invoked the Arbitration Clause

in terms of the Loan Repayment and Settlement Agreement dated 17.08.2020.

It is stated that despite receipt of the said notice, the respondents failed to

appoint the arbitrator. Thereafter, petitioners moved the present petition.

5. As per office report from Registry, service report qua notice to

respondent through dasti, courier, speed post, email, fax and Whatsapp is

awaited. However, according to affidavit of service dated 08.02.2022 placed on

record by petitioner, the respondents are served. It is mentioned in the affidavit

that respondent has been served through e-mail and whatsapp. Also, process

sent through speed post has "confirmed item delivery".

6. In the opinion of this Court, respondents are duly served but they have

chosen deliberately not to appear before this Court. Thus, it seems that they

have nothing to oppose in the present petition.

7. Accordingly, Mr. Justice (Retd.) M. C. Garg (Mobile: 9899337979) is

appointed the sole Arbitrator to adjudicate the dispute between the parties.

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

Schedule of the Arbitration and Conciliation Act, 1996.

9. The learned Arbitrator shall ensure compliance with Section 12 of

Arbitration and Conciliation Act, 1996 before commencing the arbitration.

10. With aforesaid directions, the present petition is, accordingly, disposed of.

(SURESH KUMAR KAIT) JUDGE FEBRUARY 17, 2022/rb

 
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