# VIJAY JAIN & ORS. vs LAXMI FOILS PVT LTD

Court: Delhi High Court
Date: 2026-02-17
Citation: ARB.P.-1125/2025 2026:DHC:1341
Petitioner: VIJAY JAIN & ORS.
Respondent: LAXMI FOILS PVT LTD

[Official PDF on Delhi High Court website](https://delhihighcourt.nic.in/app/showFileJudgment/68017022026AA11252025_164432.pdf)

## Judgment text (excerpt)

$~ * IN THE HIGH COURT OF DELHI AT NEW DELHI % Judgment reserved on: 22.01.2026 Judgment pronounced on:17.02.2026 ARB.P. 1125/2025 & I.A. 1796/2026 (Delay of 3 Days in filing the rejoinder) VIJAY JAIN & ORS. .....Petitioners Through: Mr. Jayant Mehta, Senior Advocate with Mr. Ashish Verma, Mr. Saksham Thareja, Mr. Akhil Ranganathan and Mr. Pallav Arora, Advocates. versus LAXMI FOILS PVT. LTD. .....Respondent Through: Ms. Malvika Trivedi, Senior Advocate along with Mr. Sanyam Khetarpal and Ms. Lisa Sankrit, Advocates. CORAM: HON'BLE MR. JUSTICE HARISH VAIDYANATHAN SHANKAR JUDGMENT HARISH VAIDYANATHAN SHANKAR, J. 1. The present Petition, under Section 11(6) of the Arbitration and Conciliation Act, 19961, has been filed seeking the appointment of a sole Arbitrator for the purpose of adjudication of disputes stated 1 Act 20222. 2. As stated in the Petition, in or around March 2022, the Respondent Company was engaged in the business of manufacturing and trading aluminium hot rolled products, aluminium cold rolled products and aluminium sheets, foils, etc. under the shareholding of the Petitioners herein. It is further stated in the Petition that the Petitioners had, from time to time, g

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