IN THE HIGH COURT OF DELHI AT NEW DELHI
YESHVIR KADYAN & ANR. VS. M/S NEO DEVELOPERS PVT LTD
$~40
* IN THE HIGH COURT OF DELHI AT NEW DELHI
+ ARB.P. 1847/2025
ABHIYAN CAPITAL INDIA PVT LTD .....Petitioner
Through: Mr. Varun Tyagi, Mr. Mayank
Mahajan, Mr. Akshay Sharma, Ms. Aditi Gupta Mahajan & Ms. Vaishali
Sharma, Advocates.
versus
OM PRAKASH & ANR. .....Respondents
Through:
CORAM:
HON'BLE MR. JUSTICE AMIT BANSAL
O R D E R
% 22.12.2025
1. The present petition has been filed under Section 11 (6) of the Arbitration and Conciliation Act, 1996, (hereinafter ‘Act’) seeking appointment of a Sole Arbitrator for the adjudication of the disputes between the parties arising out of the Loan Agreement dated 31st July, 2024
(hereinafter ‘Agreement’).
2. In terms of the aforesaid Agreement, the respondents availed a loan
facility of Rs. 4,15,122/- from the petitioner.
3. The aforesaid Agreement contains an arbitration clause, i.e. Clause 33A, which provides for New Delhi as the seat of arbitration. The said
Clause is set out below:
4. Since there were disputes between the parties, the petitioner sent a notice dated 27th August, 2025 to the respondents under Section 21 of the Act, invoking the aforesaid arbitration clause. However, the respondents failed to respond to the aforementioned invocation notice.
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