ARUNACHALAM CHANDRASEKHARAN AND ORS vs CONCEPT CAPITAL INFRA PROJECT PVT. LTD AND ANR

Judgment text excerpt

$~1 & 2 * IN THE HIGH COURT OF DELHI AT NEW DELHI % Date of decision: 13.02.2026 + ARB.P. 1411/2025 ARUNACHALAM CHANDRASEKHARAN AND ORS .....Petitioners Through: Mr. Amit Pawan, Mr. Suchit Singh Rawat, Ms. Shivangi Singh Rawat, Mr. Aman Naqvi, Mr. Suyash Rawat and Mr. Ryan Sinha, Advocates. versus CONCEPT CAPITAL INFRA PROJECT PVT. LTD AND ANR .....Respondents Through: Ms. Malvika Trivedi, Senior Advocate with Ms. Aanchal Bumb, Mr. Shailendra Slaria, Mr. Imran Ali, Ms. Sujal Gupta, Mr. Jatin Sehgal, Ms. Raymon Singh, Mr. Aditya Varun and Ms. Aastha Sarin, Advocates. 2 + O.M.P.(I) (COMM.) 95/2024, I.A. 6679/2024 (U/O 39 Rule 1 & 2) & I.A. 6680/2024 (Delay of 5 days in Re-filing the petition) MR. ARUNACHALAM CHANDRASEKHARAN AND ORS. .....Petitioners Through: Mr. Amit Pawan, Mr. Suchit Singh Rawat, Ms. Shivangi Singh Rawat, Mr. Aman Naqvi, Mr. Suyash Rawat and Mr. Ryan Sinha, Advocates. versus Signature Not Verified Digitally Signed By:HARVINDER KAUR BHATIA ARB.P. 1411/2025 & connected matter Page 1 of 10 Signing Date:18.02.2026 15:22:38 CONCEPT CAPITAL INFRA PROJECT PVT. LTD. & ANR. .....Respondents Through: Ms. Malvika Trivedi, Senior Advocate with Ms. Aanchal Bumb, Mr. Shailendra Slaria, Mr. Imran Ali, Ms. Sujal Gupta, Mr. Jatin Sehgal, Ms. Raymon Singh, Mr. Aditya Varun and Ms. Aastha Sarin, Advocates. CORAM: HON'BLE MR. JUSTICE HARISH VAIDYANATHAN SHANKAR % JUDGEMENT (ORAL) HARISH VAIDYANATHAN SHANKAR, J. ARB.P. 1411/2025 1. The present Petition has been filed under Section 11 of the Arbitration and Conciliation Act, 19961, seeking the appointment of an Arbitrator to adjudicate disputes arising out of various Buy-Back Agreements, Allotment Agreements, and Settlement Agreements. The Petition has been instituted by seventy-one Petitioners against Respondent No. 1, Conce