ARB. P. 710/2019

Page 1 of 22

$~

*

IN THE HIGH COURT OF DELHI AT NEW DELHI

%

Reserved on :

19.02.2020

Pronounced on: 19.05.2020

+

ARB P. 710/2019

PARSVNATH DEVELOPERS LIMITED

& ANR.

……Petitioners

Through:

Mr. Vijay Nair, Mr. Shubham

Paliwal & Ms. Sakshi Kapoor,

Advocates

versus

RAIL LAND DEVELOPMENT

AUTHORITY

…..Respondent

Through:

Mr. Amit Kumar, Mr. Shaurya

Sahay

&

Mr.

Chetan

Joshi,

Advocates

CORAM:

HON'BLE MS. JUSTICE JYOTI SINGH

J U D G E M E N T

1.

Present petition has been filed under Section 11 (6) of the

Arbitration and Conciliation Act, 1996 (hereinafter referred to as the

„Act‟) for appointment of a Sole Arbitrator to adjudicate the disputes

between the parties.

2.

The brief facts as averred in the petition are that Respondent

invited tenders from private parties for development (including re-

development of an existing Railway Colony) of a plot measuring

approximately 15.27 hectares situated at Sarai Rohilla, Kishan Ganj, New

ARB. P. 710/2019

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Delhi (hereinafter referred to as „Project Land‟) on 18.01.2010 through IL

& FS Infrastructure Development Corporation Ltd.

3.

Respond