NEOSKY INDIA LIMITED & ANR. vs MR NAGENDRAN KANDASAMY & ORS.

Judgment text excerpt

$~J * IN THE HIGH COURT OF DELHI AT NEW DELHI Judgment reserved on: 22.05.2025 Judgment pronounced on: 11.08.2025 + ARB. P. NO. 1860 OF 2024 NEOSKY INDIA LIMITED & ANR. .....Petitioners Through: Mr. Tanmaya Mehta, Ms. Nupur Kumar, Ms. Rashmi Gogoi, Mr. Ambuj Tiwari, Mr. Arjun Nagrath, Advs. versus MR. NAGENDRAN KANDASAMY & ORS. .....Respondents Through: Mr. J. Sai Deepak, Sr. Adv. with Mr. Utkarsh Joshi, Mr. Anirudh Suresh, Ms. Anjali Menon, Ms. Kanishka Sharma, Advs. Mr. Venkatesh Kumar, Adv. for R-4 and 5. + O.M.P.(I) (COMM.) 183/2024 & CCP(O) 57/2024, CCP(O)93/2024, I.A. 42241/2024, I.A. 42243/2024, I.A. 42244/2024, I.A. 42839/2024, I.A. 42847/2024 NEOSKY INDIA LIMITED & ANR. .....Petitioners Through: Mr. Tanmaya Mehta, Ms. Nupur Kumar, Ms. Rashmi Gogoi, Mr. Ambuj Tiwari, Mr. Arjun Nagrath, Advs. versus MR. NAGENDRAN KANDASAMY & ORS. .....Respondents Through: Mr. J. Sai Deepak, Sr. Adv. with Digitally Signed ARB. P. NO. 1860 OF 2024 Page 1 of 44 By:DEEPANSHU MALASI Signing Date:12.08.2025 17:15:03 Mr. Utkarsh Joshi, Mr. Anirudh Suresh, Ms. Anjali Menon, Ms. Kanishka Sharma, Advs. Mr. Venkatesh Kumar, Adv. for R-4 and 5. CORAM: HON’BLE MR. JUSTICE JASMEET SINGH JUDGMENT 1. The petitioners have filed the present petition under Sections 11(4) and 11(6) of the Arbitration and Conciliation Act, 1996 (“Act”), seeking the appointment of an Arbitrator due to the respondents‟ failure to nominate their Arbitrator within the prescribed 30-day period from the notice dated 18.07.2024. FACTUAL BACKGROUND 2. Petitioner No. 1 - Neosky India Limited (“Neosky”), is a public limited company and subsidiary of Rattan India Enterprises Ltd., while petitioner No. 2 - Throttle Aerospace Systems Private Limited (“TAS”) is a private limited company in the space of civil drones in which petiti