DHANUKA AGRITECH PRIVATE LIMITED vs IOTECHWORLD AVIGATION PRIVATE LIMITED & ORS.

IN THE HIGH COURT OF DELHI AT NEW DELHI Date of Decision: 18th September, 2025 + ARB. A. (COMM.) 50/2025, CAV 354/2025 & I.A. 23038/2025 DHANUKA AGRITECH PRIVATE LIMITED .....Appellant Through: Mr. J. Sai Deepak, Sr. Advocate, Mr. NPS Chawla, Mr. Sujoy Datta, Mr. Surekh Kant Baxy, Ms. Mahima Shekhawat, Ms. Ayushi Jain and Mr. R. Abhishek, Advocates. versus IOTECHWORLD AVIGATION PRIVATE LIMITED & ORS. .....Respondents Through: Mr. Abhinav Bajaj, Mr. Saksham Ojha, Ms. Geetashi Chandna and Ms. Kriti Bishnoi, Advocates. CORAM: HON'BLE MR. JUSTICE AMIT BANSAL AMIT BANSAL, J. (Oral) I.A. 23038/2025 1. The present appeal has been filed under Section 37(2)(b) of the Arbitration and Conciliation Act, 1996 (hereinafter ‘Act’), challenging the order passed by the Arbitral Tribunal dated 18th August 2025 in an application under Section 17 of the Act filed by the appellant. The said Arbitral Tribunal comprises three (3) arbitrators. 2. In terms of the order passed by the majority comprising two (2) arbitrators, the decision of the respondent no.1 company to appoint M/s SC Verma and Co. as the Auditor of the respondent company was upheld and hence, interim relief sought by the appellant under Se