IN THE HIGH COURT OF DELHI AT NEW DELHI
M/S MONEYWISE FINANCIAL SERVICES PVT LTD VS. MR. AMAR KUMAR
$~3 * IN THE HIGH COURT OF DELHI AT NEW DELHI + ARB.P. 1263/2025 SH. SUNIL CHOUDHARY THROUGH SPECIAL POWER OF ATTORNEY SHRIKANT CHOUDHARY .....Petitioner Through: M K Gahlaut and Mr.Ravi Kumar Advocates (through VC)
versus SH. AMAN NARANG & ANR. .....Respondents Through:
CORAM:
HON'BLE MR. JUSTICE AMIT BANSAL
O R D E R
% 08.12.2025
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 Construction Agreement dated 28th November
2019 (hereinafter ‘Agreement’).
2. In terms of the aforesaid Agreement, the respondents hired the petitioner as a contractor for construction of the property bearing No.3/60, situated at Roop Nagar, Delhi admeasuring 174.76 sq.yds.
3. The aforesaid Agreement contains an arbitration clause, i.e. Clause 20, which provides for Delhi as the seat of arbitration. For ease of reference, Clause 20 of the Agreement is set out below:
“20. In case any dispute or difference should arise between the parties, whether in of quality of material used by the contractors or work done or in respect in c
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