ARB.P. 341/2021

Page 1 of 9

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IN THE HIGH COURT OF DELHI AT NEW DELHI

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ARB.P. 341/2021

SUNIL SUD & ANR.

..... Petitioners

Through

Mr. Ashish Dholakia, Sr. Adv.

with Ms. Fareha Ahmad Khan, Ms. Shagun

Chopra and Mr. Akash Panwar, Advs.

Versus

AJAY SUD

..... Respondent

Through:

Mr. Akhil Sibal, Sr. Adv. with

Mr. Nikhil Y. Chawla and Mr. Vikas

Mishra, Advs. for R-3

Mr. Nirmal Prasad, Adv. for R-5/Axis Bank

CORAM:

HON'BLE MR. JUSTICE C .HARI SHANKAR

O R D E R (ORAL)

%

19.04.2021

(video-conferencing)

C .HARI SHANKAR, J.

3.

The facts stated in the petition, giving rise to the disputes

ARB.P. 341/2021

1.

Mr. Akhil Sibal, learned Senior Counsel for the respondent,

submits that he has no objection to the disputes in this petition being

referred to arbitration.

2.

The stakes are stated to be in the area of around ₹ 14 crores to ₹

15 crores, though Mr. Ashisk Dholakia, learned Senior Counsel for the

petitioners, submits that they may be higher.

Digitally Signed

By:SUNIL SINGH NEGI

Signing Date:26.04.2021

07:59:12

Signature Not Verified

ARB.P. 341/2021