MONEYWISE FINANCIAL SERVICES PVT LTD vs SERUM AND VACCINES INC AND ORS

Judgment text excerpt

$~3 * IN THE HIGH COURT OF DELHI AT NEW DELHI Date of decision: 16.04.2026 + ARB.P. 2112/2025 MONEYWISE FINANCIAL SERVICES PVT LTD .....Petitioner Through: Mr. Pankaj Kumar, Advocate. versus SERUM AND VACCINES INC AND ORS .....Respondents Through: None. CORAM: HON'BLE MR. JUSTICE HARISH VAIDYANATHAN SHANKAR % JUDGEMENT (ORAL) 1. The present Petition has been filed under Section 11(6) of the Arbitration and Conciliation Act, 19961, seeking the appointment of a Sole Arbitrator to adjudicate the disputes inter se the parties arising out of Loan Agreement dated 04.04.20242 executed between the parties. 2. Clause 8.2 of the Agreement which is stated to be dispute resolution clause reads as under: “8.2 Arbitration: Any disputes, differences, controversies and questions directly or indirectly arising at any time hereafter between the Parties or their respective representatives or assigns, arising out of or in connection with this Agreement (or the subject matter of this Agreement), including, without limitation, any question regarding its existence, validity, interpretation, construction, performance, enforcement, rights and liabilities of the Parties, or termination (“Dispute”) thereof shall be finally settled by 1 Act 2 Agreement Signature Not Verified Digitally Signed By:NEERU ARB.P. 2112/2025 Page 1 of 7 Signing Date:18.04.2026 13:18:27 arbitration in accordance with the Arbitration and Conciliation Act, 1996, as amended (“Arbitration Act”). The Dispute shall be referred to a sole arbitrator duly appointed by the Parties with mutual consent failing which the sole arbitrator shall be appointed in accordance with the Arbitration Act. The language of the arbitration shall be English. The seat of the arbitration shall be at Delhi and the language of proceedings shall be Englis