ARB.P. 637/2023

Page 1 of 8

$~

*

IN THE HIGH COURT OF DELHI AT NEW DELHI

Date of Decision:- 10.10.2023

+

ARB.P. 637/2023

TALEDA SQUARE PRIVATE LIMITED

..... Petitioner

Through:

Ms.Nina R Nariman with Ms.Geetika

Kapur, Advs.

versus

RAIL LAND DEVELOPMENT AUTHORITY

..... Respondent

Through:

Mr. R.V.Sinha with Mr. A.S.Singh,

Mr.Amit Sinha, Advs. and Mr. Rajeev Sharma,

Adv.

CORAM:

HON'BLE MS. JUSTICE REKHA PALLI

REKHA PALLI, J(ORAL)

1.

The present petition under Section 11 of the Arbitration and

Conciliation Act seeks appointment of an arbitrator/arbitral tribunal for

adjudication of disputes, which have arisen between the parties in the

context of lease agreement dated 31.03.2015.

2.

Learned counsel for the petitioner submits that in terms of the

arbitration clause contained in the aforesaid lease agreement, the disputes

between the parties are required to be adjudicated by a three member

tribunal, with one member of the tribunal being the petitioner’s nominee and

the other being the respondent’s nominee, with a further stipulation that the

vice chairman of the respondent will appoint the presiding arbitrator. She

submits that upon th