ASHISH KAPUR & ANR. vs DEEPAK SETH & ORS.

* IN THE HIGH COURT OF DELHI AT NEW DELHI Date of decision: 03rd FEBRUARY, 2025 IN THE MATTER OF: ARB.P. 1524/2024 ASHISH KAPUR & ANR. .....Petitioners Through: Dr. Amit George, Ms. Bhargavi Kannan, Ms. Shivani Karmakar, Ms. Kavya Sarin, Advocates. versus DEEPAK SETH & ORS. .....Respondents Through: Mr. Prithvi Rohan Kapur and Ms. Payal Chandra, Advocates for Respondent Nos.1 to 3 CORAM: HON'BLE MR. JUSTICE SUBRAMONIUM PRASAD JUDGMENT 1. The present petition has been filed under Section 11(6) of the Arbitration and Conciliation Act, 1996 by the Petitioners seeking appointment of an Arbitrator to adjudicate upon the disputes which have arisen between the parties under the Arbitration Agreement dated 08.04.2024. The Arbitration Agreement dated 08.04.2024 reads as under: " ARBITRATION AGREEMENT 1. Certain disputes have arisen between Ashish Kapur, Meghana Kapur(wife of Ashish Kapur), Joydeep Singh, Terveeni Singh (wife of Joydeep Singh), and Deepak Seth (collectively referred to as 'Parties'), out of and on account of certain of the following contracts entered into between some or all of the Parties (collectively or individually referred to as 'Contract(s)'): 1996. The seat of arbitra