IN THE HIGH COURT OF DELHI AT NEW DELHI
MONEYWISE FINANCIAL SERVICES PVT LTD VS. MOHALI TRADERS AND ORS
$~31 * IN THE HIGH COURT OF DELHI AT NEW DELHI + ARB.P. 287/2026, I.A. 4028/2026 & I.A. 4029/2026 RAJESH KUMAR .....Petitioner Through: Mr. Mithilesh Jha, Adv.
versus NATIONAL HIGHWAY AUTHORITY OF INDIA .....Respondent Through: Ms. Madhu Sweta, Adv.
CORAM:
HON'BLE MS. JUSTICE MINI PUSHKARNA
O R D E R
% 13.02.2026
1. The present petition has been filed under Section 11(6) of the Arbitration and Conciliation Act, 1996 (“Arbitration Act”) read with Section 151 of the Code of Civil Procedure, 1908 (“CPC”), seeking appointment of a Sole Arbitrator, in respect of the disputes arising out of the Contract Agreement dated 04th August, 2025 between the parties, whereby, the petitioner herein was engaged for collection of User Fees at Banaundi Fee Plaza, amongst other services.
2. It is the case of the petitioner that the respondent had invited bids for the aforementioned purpose by falsely misrepresenting the Annual Potential Collection (“APC”) of the Fee Plaza in question to be Rs. 19.53 Crores, translating into Rs. 5,35,000/- as dailyremittance.
3. The Contract Agreement 04th August, 2025 had been executed between the parties pursuant to a Letter of Award dated 30th July, 2025, by way of which,
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.