M/S OYO HOTELS AND HOMES PRIVATE LTD & ANR. vs M/S ASHIANA MANUFACTURING INDIA LTD

$~37 & 38 * IN THE HIGH COURT OF DELHI AT NEW DELHI Date of decision: 17.10.2025 + O.M.P. (COMM) 414/2024 & I.A. 40232/2024 M/S OYO HOTELS AND HOMES PRIVATE LTD & ANR. .....Petitioner Through: versus M/S ASHIANA MANUFACTURING INDIA LTD .....Respondent Through: Mr. Mayank Wadhwa, Ms. Muskan Gupta, Advs. 38 + O.M.P. (COMM) 75/2025 & I.A. 3338/2025, I.A. 5935/2025 ASHIANA MANUFACTURING INDIA LTD .....Petitioner Through: Mr. Mayank Wadhwa, Ms. Muskan Gupta, Advs. versus OYO HOTELS AND HOMES PRIVATE LTD .....Respondent Through: CORAM: HON'BLE MR. JUSTICE JASMEET SINGH : JASMEET SINGH, J (ORAL) 1. These are petitions filed under Section 34 of the Arbitration and Conciliation Act, 1997 seeking to set aside the arbitral Award dated 14.06.2024 passed by the Sole Arbitrator. 2. Both the parties have challenged the Award and state that they are amenable to having the Award set aside. They are also agreeable that the matter be remanded to a fresh arbitrator. 3. The Hon’ble Supreme Court in Mutha Construction v. Strategic Brand Solutions (I) Pvt. Ltd., SPL (C) No. 1105/2022 vide Order dated 04.02.2022, observed as under:- "2. The dispute arose between the parties. Both the parties were in arbit