M/S MOOVING SMART MOBILITY AND ENERGY PRIVATE LIMITED vs M/S. REINVENT AGROCHAIN PRIVATE LIMITED

Judgment text excerpt

$~4 * IN THE HIGH COURT OF DELHI AT NEW DELHI Date of Decision : 15.04.2026 + ARB.P. 34/2026 & I.A. 3056/2026 (For substitutive service) M/S MOOVING SMART MOBILITY AND ENERGY PRIVATE LIMITED .....Petitioner Through: Mr. Chetan Rathor, Advocate. versus M/S. REINVENT AGROCHAIN PRIVATE LIMITED .....Respondent Through: None. CORAM: HON'BLE MR. JUSTICE HARISH VAIDYANATHAN SHANKAR % JUDGEMENT (ORAL) HARISH VAIDYANATHAN SHANKAR, J. 1. The present Petition, filed under Section 11 of the Arbitration and Conciliation Act, 19961, seeks the appointment of an Arbitrator for the purpose of resolution of disputes inter se the parties arising out of Service Agreement dated 29.05.20242, as executed between the parties. 2. The Dispute Resolution Clause, being Clause 15 as set out in the said Agreement, reads as under: "15. Dispute Resolution. 15.1 All claims, disputes, difference or questions of any nature arising between the parties hereto, whether during or after the termination of this Agreement, in relation to the construction, meaning or interpretation, of any term used or clause of this Agreement or as to the rights, duties, liabilities of the parties 1 Act 2 Agreement Signature Not Verified Digitally Signed By:VARNIKA ARB.P. 34/2026 Signing Date:17.04.2026 Page 1 of 7 10:57:31 arising under this Agreement shall be referred to the sole arbitrator appointed by Mooving. The Parties hereof mutually agree and confirm that the arbitration proceedings shall be conducted in accordance with the Arbitration and Conciliation Act 1996 as amended from time to time, and proceedings shall be held at Delhi, India. The language of the Arbitration shall be English. 15.2 Subject to Clause 13.1 above, the courts at Delhi, India shall have exclusive jurisdiction." 3. The material on record indicates t