PRECITECH ENCLOSURES SYSTEMS PVT LTD vs RUDRAPUR PRECISION INDUSTRIES & ANR.

Judgment text excerpt

$~ * IN THE HIGH COURT OF DELHI AT NEW DELHI Reserved on: 6 August 2024 Pronounced on: 17 March 2025 + O.M.P.(I) (COMM.) 305/2023 PRECITECH ENCLOSURES SYSTEMS PVT LTD .....Petitioner Through: Mr. L.B. Rai, Mr. Krishan Kumar Arora, Mr. Shivam Bedi, Advs. versus RUDRAPUR PRECISION INDUSTRIES & ANR. .....Respondents Through: Mr. Avdhesh Chaudhary and Ms. Geetanjali Setia, Advs. for R-1 and 2 Mr. Zaryab Jamal Rizvi, Ms. Firdouse Qutb Wani, Advocates for R-3 and 4 CORAM: HON'BLE MR. JUSTICE C. HARI SHANKAR JUDGMENT % 17.03.2025 1. This order decides whether this Court has, or does not have, the territorial jurisdiction to hear and decide the present petition, instituted by the petitioner Precitech Enclosures Systems Pvt Ltd1 against the respondent Rudrapur Precision Industries2 under Section 9 of the Arbitration and Conciliation Act, 19963. The petitioner, 1 “Precitech” hereinafter 2 “Rudrapur” hereinafter 3 “the 1996 Act” hereinafter Signature Not Verified Signature Not Verified Digitally Signed By:AJIT O.M.P.(I) (COMM.) 305/2023 Page 1 of 21 Digitally Signed By:CHANDRASHEKHARAN KUMAR HARI SHANKAR Signing Date:17.03.2025 Signing Date:17.03.2025 13:22:52 13:21:28 needless to say, asserts that it has, whereas the respondent, with equal vehemence, insists that it does not. Facts 2. Rudrapur and Precitech admittedly entered into a Rent Agreement dated 15 July 2017, whereunder Rudrapur, holding itself out to be the lease holder and landlord of a piece of industrial land situated at Plot 33, Sector 4, SIDCUL, IIE, Pant Nagar, Uttarakhand4, agreed to sub-lease the said property to Precitech, for a fixed rent, for manufacturing and storage purposes. The Rent Agreement refers to Rudrapur as the “sub-lessor” and Precitech as the “sub-lessee”. 3. Clause 20 of the Rent Agreement provid