TATA CAPITAL LIMITED vs RISHAB SHARMA

Judgment text excerpt

$-6 * IN THE HIGH COURT OF DELHI AT NEW DELHI + ARB.P. 464/2025 Date of Decision: 27.05.2025 IN THE MATTER OF: TATA CAPITAL LIMITED THROUGH ITS AUTHORIZED REPRESENTATIVE: SH. NISHANT GAUTAM HAVING ITS REGISTERED OFFICE AT: 11th FLOOR, TOWER A, PENINSULA BUSINESS PARK, GANPATRAOKADAM MARG, LOWER PAREL, MUMBAI, MAHARASHTRA, 400013 AND BRANCH OFFICE AT: 9th FLOOR, VIDEOCON TOWER, JHANDEWALAN EXTENSION BLOCK E, DELHI-110055 ..... PETITIONER Through: Mr.Nachiketa Vijay Suri and Mr.Rajkumar Dahiya, Advocates. Versus RISHAB SHARMA S/O RAM PRAKASH SHARMA R/O PLOT NO. 89, S-2 BAJRANG DHAM-9, TIRUPATI VIHAR, GOVINDPURA KALWAR ROAD JAIPUR, RAJASTHAN – 302012 Also at: HIMALAYA STORE, G -1 JAGDAMBA TOWER, AMRAPALI CIRCLE Signature Not Verified Signature Not Verified Signed By:NEHA CHOPRA Signed Signing Date:29.05.2025 By:PURUSHAINDRA 16:49:48 1 KUMAR KAURAV VAISHALI NAGAR, JAIPUR RAJASTHAN - 302021 .... RESPONDENT 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(6) 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 Loan Agreement dated 24.12.2019. 2. A perusal of the record would indicate that notice was directed to be issued to the respondent on 18.03.2025. On 29.04.2025, the respondent was represented through counsel and time was sought to file the reply. Again on 14.05.2025, time was granted to the respondent to enable him to file the reply and hearing of the instant case stood deferred for today. Even today, there is no representation on behalf of the respondent, despite the matter being called out in the second round. Eve