$~4 * IN THE HIGH COURT OF DELHI AT NEW DELHI + ARB.P. 1995/2025 AXIS FINANCE LIMITED .....Petitioner Through: Mr. John Mathew, Advocate (through VC)

versus CHANDANSINGH GOVINDSINGH MEHTA & ANR.

.....Respondents Through: Mr. Gaurav Patel, Advocate CORAM:

HON'BLE MS. JUSTICE MINI PUSHKARNA

O R D E R

% 22.01.2026

1. The present petition has been filed under Section 11(6) of the Arbitration and Conciliation Act, 1996 (“Arbitration Act”), thereby, seeking appointment of a Sole Arbitrator for adjudication of the disputes between the parties, arising out of the Loan Agreement dated 21^st February, 2023 (“Loan Agreement”).

2. The petitioner, i.e., Axis Bank Limited, had provided a personal loan of Rs. 30,16,981/- along with interest rate at 14% per annum, to the respondents, which was to be repaid in eighty-four (84) equal monthly installments., as per the terms of the Loan Agreement.

3. Learned counsel for the petitioner submits that the respondents were irregular in making repayments during the tenure of the Loan Agreement, and made their first default in payment on 05^th October, 2023, and thereafter, the respondents had been making continuous defaults in payment. Therefore, the petitioner iss