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Tata Capital Limited vs Madhav Diesels & Ors
2026 Latest Caselaw 1159 Del

Citation : 2026 Latest Caselaw 1159 Del
Judgement Date : 25 February, 2026

[Cites 0, Cited by 0]

Delhi High Court

Tata Capital Limited vs Madhav Diesels & Ors on 25 February, 2026

                          $~25 & 26
                          *      IN THE HIGH COURT OF DELHI AT NEW DELHI
                                                                           Date of decision: 25.02.2026

                          +      O.M.P. (T) (COMM.) 13/2026
                                 TATA CAPITAL LIMITED                                    .....Petitioner
                                               Through:                Mr. Savyasachi K. Sahai, Ms.
                                                                       Madhumita Bagchi, Mr. Akash
                                                                       Yadav and Mr. Hardik Maurya,
                                                                       Advocates
                                                        versus

                                 MADHAV DIESELS & ORS.           .....Respondents
                                             Through: Ms. Charu Singhal, Advocate.

                          +      O.M.P. (T) (COMM.) 14/2026 & I.A. 3817/2026 (For
                                 exemption)

                                 TATA CAPITAL LIMITED                               .....Petitioner
                                                        Through:       Mr. Savyasachi K. Sahai, Ms.
                                                                       Madhumita Bagchi, Mr. Akash
                                                                       Yadav and Mr. Hardik Maurya,
                                                                       Advocates
                                                        versus

                                 MADHAV AUTO & ORS.                               .....Respondents
                                             Through:                  Ms. Charu Singhal, Advocate.

                                 CORAM:
                                 HON'BLE MR. JUSTICE HARISH VAIDYANATHAN
                                 SHANKAR

                          %                             JUDGEMENT (ORAL)

                          HARISH VAIDYANATHAN SHANKAR, J.

1. The present petitions have been filed under Section 15 of the

Arbitration and Conciliation Act, 19961 seeking the appointment of a substitute Arbitrator to adjudicate the dispute between the parties.

2. Learned counsel for the parties submit that the Petitioner, by way of Petitions being ARB.P. 878/2021 & ARB.P. 877/2021, under Section 11(6) of the Act sought appointment of an Arbitrator in terms of Clause 12 of the Loan-cum-Guarantee Agreement dated 10.02.20202.

3. Vide two separate Orders dated 16.08.2022, Mr. Sanjivan Kumar Sarvaria, learned former District & Sessions Judge, Delhi was appointed as Arbitrator to adjudicate the dispute between the parties.

4. Learned counsel for the parties submit that vide Order dated 12.10.2025 [Annexed as Document-2 in O.M.P. (T) (COMM.) 13/2026], learned Arbitrator has expressed his inability to continue with the matters on account of his heart treatment which is likely to continue for long and terminated the mandate under Section 14(1) of the Act.

5. In view of the above, this Court requests Mr. Kanwal Jeet Arora, Former Principal District & Sessions Judge (email:

xxxxxxxxxxxxx, and Mobile No.xxxxxxxxxxxxxx) to enter into reference as a Sole Arbitrator to adjudicate the disputes between the parties.

6. The arbitration would take place under the aegis of the Delhi International Arbitration Centre3 and would abide by its rules and regulations. The learned Arbitrator shall be entitled to fees as per the Schedule of Fees maintained by the DIAC.

The Act

Agreement

DIAC

7. The learned Arbitrator is also requested to file the requisite disclosure under Section 12 (2) of the Act within a week of entering of reference.

8. The Registry is directed to send a receipt of this order to the learned arbitrator through all permissible modes, including through e- mail.

9. 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.

10. It is clarified that, while referring the disputes to arbitration, all rights and contentions of the Respondent, including the liberty to raise such objections as may be available in law, are kept open.

11. Needless to say, nothing in this order shall be construed as an expression of opinion of this Court on the merits of the controversy between the parties. Let a copy of the said order be sent to the Arbitrator through the electronic mode as well.

12. Accordingly, the present Petitions stand disposed of along with the pending application(s), if any.

13. A photocopy of this Order be placed in the connected matter.

HARISH VAIDYANATHAN SHANKAR, J.

FEBRUARY 25, 2026/RK/KR

 
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