Sunday, 03, May, 2026
 
 
 
Expand O P Jindal Global University
 
  
  
 
 
 

Cars 24 Financial Services Private ... vs Dharmender Singh & Anr.
2024 Latest Caselaw 6865 Del

Citation : 2024 Latest Caselaw 6865 Del
Judgement Date : 21 October, 2024

Delhi High Court

Cars 24 Financial Services Private ... vs Dharmender Singh & Anr. on 21 October, 2024

Author: Sachin Datta

Bench: Sachin Datta

                          $~7
                          *      IN THE HIGH COURT OF DELHI AT NEW DELHI
                          %                                              Date of Decision : 21.10.2024
                          +      ARB.P. 1124/2024

                                 CARS 24 FINANCIAL SERVICES PRIVATE LIMITED
                                                                                .....Petitioner
                                               Through: Mr. Anurag Arora, Adv. (through v/c)
                                               versus

                                 DHARMENDER SINGH & ANR.                              .....Respondents
                                             Through: None.

                                 CORAM:
                                 HON'BLE MR. JUSTICE SACHIN DATTA

                          SACHIN DATTA, J. (Oral)

1. The present petition has been filed by the petitioner against the respondents seeking that a Sole Arbitrator be appointed to adjudicate the disputes between the parties. The disputes between the parties have arisen in the context of Credit Facility Agreement dated 25.01.2021 entered into between the petitioner and the respondents in terms of which the respondent no.1 was the borrower whereas the respondent no.2 was the co-borrower.

2. Disputes having been arisen between the parties, "Finance/Credit Facility Recall Notice-cum-Proposal for appointment of Arbitrator" dated 05.02.2024 was sent by the petitioner to the respondents.

3. Vide the said communication, the petitioner, referring to the failure on the part of the respondents in making the requisite payment in terms of the Credit Facility Agreement, proposed constitution of an Arbitral Tribunal comprising of a Sole Arbitrator to adjudicate the disputes between the

parties. However, no response to the aforesaid notice was sent by the respondents

4. Notice in the present petition was issued on 29.07.2024.

5. An affidavit of service has been filed wherein it has been brought out that the respondents have been duly served by post and also through WhatsApp and email. However, there is no appearance on behalf of the respondents.

6. Since the existence of arbitration clause is evident from a perusal of the Credit Facility Agreement, there is no impediment to appointing an independent Sole Arbitrator for adjudicating the disputes between the parties, as prayed for, as mandated in terms of the judgments of the Supreme Court in Perkins Eastman Architects DPC v. HSCC (INDIA) Limited, (2020) 20 SCC 760, TRF Limited v. Energo Engineering Projects Limited, (2017) 8 SCC 377 and Bharat Broadband Network Limited v. United Telecoms Limited, (2019) 5 SCC 755.

7. Accordingly, Mr. Himanshu Goel, Advocate (Mob. No.:

+919810215487), is appointed as the Sole Arbitrator to adjudicate the disputes between the parties.

8. The respondents shall be entitled to raise preliminary objections as regards jurisdiction/arbitrability, which shall be decided by the learned arbitrator, in accordance with law.

9. The learned Sole Arbitrator may proceed with the arbitration proceedings subject to furnishing to the parties requisite disclosures as required under Section 12 of the A&C Act.

10. The learned Sole Arbitrator shall be entitled to fee in accordance with Fourth Schedule to the A&C Act; or as may otherwise be agreed to between

the parties and the learned Sole Arbitrator.

11. All rights and contentions of the parties in relation to the claims/counter-claims are kept open, to be decided by the learned Arbitrator on their merits, in accordance with law.

12. Needless to say, nothing in this order shall be construed as an expression of this court on the merits of the case.

13. The present petition stands disposed of in the above terms.

SACHIN DATTA, J OCTOBER 21, 2024/sv

 
Download the LatestLaws.com Mobile App
 
 
Latestlaws Newsletter
 

Publish Your Article

 

Campus Ambassador

 

Media Partner

 

Campus Buzz

 

LatestLaws Guest Court Correspondent

LatestLaws Guest Court Correspondent Apply Now!
 

LatestLaws.com presents: Lexidem Offline Internship Program, 2026

 

LatestLaws.com presents 'Lexidem Online Internship, 2026', Apply Now!

 
 

LatestLaws Partner Event : Smt. Nirmala Devi Bam Memorial International Moot Court Competition

 
 
Latestlaws Newsletter