H.S. NAG AND ORS vs ASIAN HOTEL (NORTH) LTD

Judgment text excerpt

$~ * IN THE HIGH COURT OF DELHI AT NEW DELHI % Judgment reserved on: 14.01.2026 Judgment pronounced on: 18.02.2026 + O.M.P. (COMM) 449/2025 & I.A. 27137/2025 (Stay) H.S. NAG AND ORS .....Petitioners Through: Mr. Deepak Dhingra and Ms. Sneh Somani, Advocates. versus ASIAN HOTEL (NORTH) LTD .....Respondent Through: Ms. Aakanksha Kaul, Mr. Aman Sahani, Ms. Ashima Chopra and Mr. Saptarshi Sarmah, Advocates. + O.M.P. (COMM) 460/2025 & I.A. 27594/2025 (Stay) AJAY KUMAR RASTOGI .....Petitioner Through: Mr. Deepak Dhingra and Ms. Sneh Somani, Advocates. versus ASIAN HOTELS (NORTH) LTD .....Respondent Through: Ms. Aakanksha Kaul, Mr. Aman Sahani, Ms. Ashima Chopra and Mr. Saptarshi Sarmah, Advocates. + O.M.P. (COMM) 475/2025 & I.A. 28187/2025 (Stay) LATE MEENA RASTOGI THROUGH LRS .....Petitioner Through: Mr. Deepak Dhingra and Ms. Sneh Somani, Advocates. versus ASIAN HOTELS NORTH LTD .....Respondent Through: Ms. Aakanksha Kaul, Mr. Aman Sahani, Ms. Ashima Signature Not Verified O.M.P. (COMM) 449/2025 & connected matters Page 1 of 46 Digitally Signed By:HARVINDER KAUR BHATIA Signing Date:21.02.2026 14:54:19 Chopra and Mr. Saptarshi Sarmah, Advocates. CORAM: HON'BLE MR. JUSTICE HARISH VAIDYANATHAN SHANKAR JUDGMENT HARISH VAIDYANATHAN SHANKAR, J. 1. With the consent of the parties, all the aforesaid Petitions were taken up together for hearing. Since they arise out of the same Impugned Order and involve substantially similar grounds and issues, this Court proceeds to adjudicate them by way of the present consolidated judgment. 2. These Petitions have been filed under Section 34 of the Arbitration and Conciliation Act, 19961 assailing the Orders dated 25.07.2025, 22.09.2025 and 09.10.20252 passed by the Learned Sole Arbitrator, in arbitral proceedings titled “M/S Regency Jewellers a