PRIDE EDUCATION SOCIETY vs INNOVATIVE PROJECT MANAGEMENT SERVICES PVT. LTD.

Judgment text excerpt

$~4 * IN THE HIGH COURT OF DELHI AT NEW DELHI Date of decision: 16.04.2026 + ARB.P. 132/2026 PRIDE EDUCATION SOCIETY .....Petitioner Through: Ms. Aarushi Rohilla and Mr. Anuj Chhabra, Advocates. versus INNOVATIVE PROJECT MANAGEMENT SERVICES PVT. LTD. .....Respondent 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 upon the disputes inter se the parties, arising out of the Fund Raising Services Agreement dated 07.10.20242 executed between the parties. 2. The Agreement contains a Dispute Resolution Clause, which contemplates adjudication of disputes, arising between the parties, by way of Arbitration. The said Dispute Resolution Clause is contained in Article 6.1 of the Agreement3, reads as under: “6.1 Any controversy or dispute in connection with this agreement which cannot be amicably settled by the parties 1 Act 2 Agreement 3 Arbitration Clause Signature Not Verified Digitally Signed By:VARNIKA ARB.P. 132/2026 Page 1 of 8 Signing Date:17.04.2026 16:23:41 shall be decided by recourse to arbitration by a sole arbitrator, appointed by mutual discussion between The CEO of the First Party and The Chief Functionary of the second Party, which will be governed under the provisions of Arbitration & Conciliation Act, 1996, with the place of Arbitration at New Delhi. In case of any dispute the parties shall be bound to give the other party a due notice of 30 days for invoking the provision under this clause i.e. for appointment of arbitrator. The arbitral award shall be final and binding on both parties. The courts at New Delhi, India shall have exclusive jurisdiction in respec