IN THE HIGH COURT OF DELHI AT NEW DELHI
TRIDENT STEEL BUILDING SOLUTIONS VS. SHRI TARUN LODHA
ARB.P. 2/2026
$~7 * IN THE HIGH COURT OF DELHI AT NEW DELHI + ARB.P. 2/2026 PARAMJIT SINGH PROPRIETOR OF G J INVESTMENT AND LEASING & ORS. .....Petitioners Through: Mr. Dhruv Chawla, Advocate Mob: 9971897143 Email: dhruvchawla1@gmail.com versus FIITJEE LIMITED THROUGH ITS DIRECTORS & ANR.
.....Respondents Through: Ms. Sima Gulati and Ms. Diksha Narula, Advs.
Mob: 9810048243 CORAM:
HON'BLE MS. JUSTICE MINI PUSHKARNA
O R D E R
% 03.02.2026
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 the adjudication of the disputes between the parties arising out of the Lease Deed dated 29th April, 2010.
2. Learned counsel for the petitioners submit that the petitioners had inducted the respondents as a lessee with respect to the entire First Floor, Second Floor and Third Floor of properties bearing nos. 31, 32 & 33, Central Market, Punjabi Bagh, New Delhi – 110026, by way of the registered Lease Deed dated 29th April, 2010.
3. It is further submitted that the parties executed three other Lease Deeds in September, 2020, with respect to the basements of the properties bearing nos. 31, 32 and 33, situated at Central Market, Punjabi Bagh (West), New Delhi-110026.
4. Learned counsel for the petitioners submits that with respect to the Lease Deeds executed for the basement of the said properties, separate petitions, i.e., ARB.P 2030/2025, ARB.P 2032/2025 and ARB.P 2033/2025, have already been filed. Thus, the present petition is with respect to the disputes that have arisen in relation to the Lease Deed dated 29th April, 2010.
5. At this stage, learned counsel for the petitioners submits that there exist certain outstanding payments, which the respondents have failed to pay to the petitioners with respect to properties leased under Lease Deed dated
29th April, 2010, despite repeated reminders and requests.
6. He further submits, that on account of the said non-payment, petitioners issued a Legal Notice dated 03rd October, 2025, for payment of outstanding payments, however, despite receipt of the said Notice on 04th October, 2025, the respondents did not make anypayment towards the same. 7. Learned counsel for the petitioners submits that subsequently, the petitioners had sent a Notice dated 31st October, 2025, thereby, terminating the Lease Deed dated 29th April, 2010, and thereafter, the Notice dated 22nd November, 2025 under Section 21 of the Arbitration Act, was sent by the petitioners, invoking arbitration under Clause 4 (s) of the Lease Deed dated
29th April, 2010.
8. Learned counsel appearing for the petitioners draws the attention of this Court to Clause 4 (s) of the Lease Deed dated 29th April, 2010, which states that the disputes arising between the parties are to be adjudicated by wayof arbitration. The same reads as under:
“xxxxxxxxx
4. PROVIDED ALWAYS AND IT IS HEREBY MUTUALLY AGREED asfollows:- xxxxxxxxx s) In the event of any disputes, difference or claims arising between the parties in connection with this agreement or the construction or the interpretation of any of the clauses hereof or anything does or omittedtobedonepursuanthereto,thepartiesshallfirstendeavourto amicably settle such disputes, differences or claims, amongst themselves, failing which the same shall be referred to the arbitrator appointed mutually. The arbitration proceedings shall be held at Delhi and be held in English language and the arbitration will be subjecttotheprovisionsoftheArbitrationandConciliationact,1996.
xxxxxxxxx”
9. Learned counsel for the petitioners submits that as per the arbitration clause, i.e., Clause 4 (s) of the Lease Deed dated 29th April, 2010, the arbitration proceedings are to be held in Delhi. Further, the approximate claim amount is to the tune of Rs. 61,92,347/- (Rupees Sixty-One Lacs Ninety-Two Thousand Three Hundred Forty-Seven Only).
10. At this stage, learned counsel appearing for the respondents puts in appearance and submits that she ha
Login now and unlock free premium legal research
Login to SupremeToday AI and access free legal analysis, AI highlights, and smart tools.
Login
now!
India’s Legal research and Law Firm App, Download now!
Copyright © 2023 Vikas Info Solution Pvt Ltd. All Rights Reserved.