HT MEDIA LIMITED vs PYRAMID FINMART PRIVATE LIMITED

Judgment text excerpt

$~O-2 * IN THE HIGH COURT OF DELHI AT NEW DELHI + ARB.P. 1819/2025 Date of Decision: 20.12.2025 IN THE MATTER OF: HT MEDIA LIMITED .....Petitioner Through: Ms. Preeti Goel, Mr. Anubhav Goel, Ms. Rashmi Mishra and Ms.Priyanka Dhyani, Advs. versus PYRAMID FINMART PRIVATE LIMITED .....Respondent Through: None. CORAM: HON'BLE MR. JUSTICE PURUSHAINDRA KUMAR KAURAV JUDGEMENT PURUSHAINDRA KUMAR KAURAV, J. (ORAL) The present petition has been filed under Section 11 of the Arbitration and Conciliation Act, 1996 (the Act), seeking appointment of an Arbitrator to adjudicate upon the disputes that have arisen between the parties. 2. The affidavit of service filed by the petitioner is extracted below, for reference: ―Affidavit of service 1. Preeti Goel, wife of Anubhav Goel, age 38 years, having office at 171, Chitra Vihar, Delhi-110092, do hereby solemnly affirm and state as under; 1. That I am the counsel for the Petitioner in the above matter. 2. That I have, in terms of the order dated 03.11.2025, served the copy of the Petition alongwith all documents with Application to the Respondent Signature Not Verified Signature Not Verified Signed By:AMIT KUMAR Signed SHARMA Signing Date:05.01.2026 By:PURUSHAINDRA 17:19:15 KUMAR KAURAV by E-mail and WhatsApp dated 14.11.2025. Copy of the email and WhatsApp is attached herewith and marked as Annexure-1 (Colly). I have also served the Respondent through Speed Post, a copy of the receipts as tracking report of the Speed Post downloaded from the website of the Postal Department are annexed hereto and marked as Annexure-2 (Collv). 3. That the contents of my affidavit are true and correct.‖ 3. Despite service none has appeared for the respondent. Therefore, the Court has proceeded with the matter. 4. It is the case of the petitioner that the p