MONEYWISE FINANCIAL SERVICES PVT LTD vs ARIHANT AGENCY THROUGHT ITS PROPREITOR MR RUPEN MAHENDRAKUMAR SHAH AND ORS.

$-4 * IN THE HIGH COURT OF DELHI AT NEW DELHI ARB.P. 101/2025 Date of Decision: 17.02.2025 IN THE MATTER OF: MONEYWISE FINANCIAL SERVICES PVT LTD ..... PETITIONER Through: Ms.Mehvish Khan and Mr.Aman Choudhary, Advocates. Versus ARIHANT AGENCY THROUGHT ITS PROPREITOR MR RUPEN MAHENDRAKUMAR SHAH AND ORS. .... RESPONDENTs Through: None. HON'BLE MR. JUSTICE PURUSHAINDRA KUMAR KAURAV JUDGEMENT PURUSHAINDRA KUMAR KAURAV, J. (ORAL) 1. The present petition has been filed under Section 11 of the Arbitration and Conciliation Act, 1996 (the 1996 Act) by the petitioner, seeking appointment of an Arbitrator, to adjudicate upon the disputes that have arisen between the parties under the Master Loan Agreement dated 03.01.2019. 2. The office report indicates that the service on all the respondents stands complete. 3. Learned counsel for the petitioner submits that the petitioner is a Non- Banking Financial Company (NBFC), registered with the Reserve Bank of India (RBI) as an NBFC-ND, providing loan facilities to individual and corporate clients. He submits that respondent No. 2, in the capacity of proprietor, along with respondent No. 3, approached the petitioner for availing a loan facility of R