TATA CAPITAL LIMITED vs DEVENDER AND ANR

IN THE HIGH COURT OF DELHI AT NEW DELHI Date of Decision: 13.02.2026 ARB.P. 79/2026 TATA CAPITAL LIMITED .....Petitioner Through: Mr. Nachiketa Suri, Mr. Rajkumar Dahiya, Mr. Kashish Aggarwal, Ms. Shubhangi Singh and Mr. Bharat, Advocates. versus DEVENDER AND ANR .....Respondents Through: Mr. Shubham Rana and Mr. Varun Gupta, Advocates. CORAM: HON'BLE MR. JUSTICE HARISH VAIDYANATHAN SHANKAR % JUDGEMENT (ORAL) HARISH VAIDYANATHAN SHANKAR, J. 1. The present Petition has been filed under Section 11(6) of the Arbitration and Conciliation Act, 19961, seeking the appointment of an Arbitrator to adjudicate upon the disputes inter se the parties arising out of the Loan Agreement dated 30.05.20252. 2. The Arbitration Clause, being Clause 12 of the Agreement, reads as follows: “12. Arbitration If any dispute, difference or claim arises between any of the Obligors and the Lender in connection with the Facility or as to the 1 Act 2 Agreement 560035. (d) ADR E-Sarvatra Private Limited having Its office at 63, Palace Road, Vasanth Nagar, Bengaluru- 560052; (e) Madras Alternate Dispute Resolution Centre (MADRC), having Its office at C-40,2nd Floor, 2nd Avenue, Anna Nagar West, Chennai-600040; (f)