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2023 Supreme(Del) 4883

JYOTI SINGH
Gdn Enterprises Private Limited – Appellant
Versus
Iluminar Merchandising Private Limited – Respondent


Advocates appeared:
Mr. Yash Dhyani, Mr. Mudit Sharma and Mr. Parvez A. Khan, Advocates, for the Petitioner.
Mr. Deepanshu Jain and Mr. Shaantanu Jain, Advocates, for the Respondent.

JUDGMENT

Jyoti Singh, J. (Oral)--Present petition has been filed by the Petitioner under Section 11(6) of the Arbitration and Conciliation Act, 1996 (hereinafter referred to as the `1996 Act') seeking appointment of an Arbitrator to adjudicate the disputes between the parties.

2. The disputes between the parties to the lis arise out of a sub-Lease Agreement dated 01.05.2019 read with Equipment Lease Deed dated 01.05.2019 whereby Respondent had agreed to take on lease the industrial property No. H-10, Sector-63, Noida, Uttar Pradesh, for a period of five years with effect from 01.05.2019 including the lease of technical equipments. The lock-in period of the sub-Lease Agreement expired on 30.04.2022 and notice of termination was issued by the Petitioner on 31.01.2022 to the Respondent.

3. On disputes having arisen, Petitioner invoked the Arbitration Agreement vide notice dated 31.01.2023 and called upon the Respondent to amicably resolve the disputes and differences, failing which an Arbitrator will be appointed by the Petitioner. Getting no favourable response, Petitioner filed the present petition. The Agreements between the parties contain an Arbitration Clause being Clause 8(f)

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