$~5 * IN THE HIGH COURT OF DELHI AT NEW DELHI + ARB.P. 1395/2025 MONEYWISE FINANCIAL SERVICES PVT. LTD. .....Petitioner Through: Ms. Preeti Kumar, Adv.

M: 9711615978 Email: advocatepreety@gmail.com versus ASHIANA ISPAT LIMITED THROUGH ITS DIRECTORS AND ORS. .....Respondents Through: None.

CORAM:

HON'BLE MS. JUSTICE MINI PUSHKARNA

O R D E R

% 02.02.2026

1. The present petition has been filed under Section 11(6) of the Arbitration and Conciliation Act, 1996 (“Arbitration Act”) seeking appointment of a Sole Arbitrator for adjudication of disputes between the parties arising out of a Loan Agreement and Deed of Guarantee, both dated

31st March, 2023.

2. It is the case of the petitioner that under the aforenoted Loan Agreement and Deed of Guarantee, a loan of Rs. 75,00,000/- (Rupees Seventy Lacs only) at an interest rate of 16% p.a. was extended to the respondent no. 1 through its directors, i.e., respondent nos. 2 to 5, for the purpose of expanding the business of respondent no. 1.

3. In terms of the Agreement and Deed between the parties, the respondents were obligated to repay the loan amount in 36 equal installments of Rs. 2,63,678/- (Rupees Two Lacs Sixty Three Thousand Six Hundred and Sev