MONEYWISE FINANCIAL SERVICES PVT LTD vs MR ANKIT SINGH PROPREITOR OF FOOTOX FOOTWEAR AND ORS

IN THE HIGH COURT OF DELHI AT NEW DELHI [ Date of Decision: 10.02.2026 ARB.P. 2058/2025 MONEYWISE FINANCIAL SERVICES PVT LTD .....Petitioner Through: Ms. Arunima Sinh Jadaun, Advocate. versus MR ANKIT SINGH PROPREITOR OF FOOTOX FOOTWEAR 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, 1996 [“Act”], seeking the appointment of an Arbitrator in terms of the Loan Agreement [“Agreement”] dated 15.07.2023 on the ground that certain disputes have arisen inter se the parties in accordance with Clause 8.2 of the Agreement as between the parties. Clause 8.2 of the Agreement reads as follows: "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 2. The material on record indicates that pursuant to the disputes that arose between the parties, a Notice under Section 2