CONCEPT CAPITAL INFRA PROJECTS PVT. LTD. vs BALVINDER SINGH GURAYA HUF

Judgment text excerpt

$~3 * IN THE HIGH COURT OF DELHI AT NEW DELHI Date of decision: 25.04.2026 + ARB.P. 2073/2025 CONCEPT CAPITAL INFRA PROJECTS PVT. LTD. .....Petitioner Through: Ms. Cherry Gupta and Mr. Asim Naeem, Advocates. versus BALVINDER SINGH GURAYA HUF .....Respondent Through: Respondent in person. CORAM: HON'BLE MR. JUSTICE HARISH VAIDYANATHAN SHANKAR % JUDGEMENT (ORAL) 1. In view of Notification No. 64/G-4/Genl.-I/DHC dated 27.02.2026, the present matter which was previously listed on 03.03.2026, has been listed today. 2. The present Petition has been filed under Section 11 of the Arbitration and Conciliation Act, 19961, seeking appointment of a Sole Arbitrator for adjudication of disputes inter se the parties arising out of the Memorandum of Understanding dated 15.03.20162. 3. Learned counsel appearing on behalf of the Petitioner would seek to rely upon Clause 16 of the MoU, which reads as under: 4. The dispute resolution Clause is stated to be Clause 16 of the MOU, which reads as follows:- “16. That any dispute or differences between the Parties hereto relating to or arising out of this MOU shall be resolved by 1 A&C Act 2 MoU Signature Not Verified Digitally Signed By:VARNIKA ARB.P. 2073/2025 Page 1 of 7 Signing Date:28.04.2026 11:57:49 the parties by amicable negotiation and if no mutual settlement can be arrived at on any dispute in the interpretation of any clause of this MOU or right and/or duties of the parties to this MOU, the same shall be referred to the arbitration be a Sole Arbitrator to be appointed and nominated by "CCIPPL" in accordance with provisions of Arbitration and Conciliation Act, 1996 and whose decision shall be final and binding on both the Parties and the place of arbitration shall be New Delhi.” 5. Learned counsel for the Petitioner submits that the s