M/S AL NAUREEN EXPORTS vs M/S AL NOOR EXPORTS & ORS.

Judgment text excerpt

$~3 * IN THE HIGH COURT OF DELHI AT NEW DELHI % Date of Decision: 20th January, 2026 + ARB.P. 1781/2025 M/S AL NAUREEN EXPORTS .....Petitioner Through: Ms. Sanya Kumar, Mr. Harsh Jain and Mr. S. Abinaya, Advs. M: 9818335779 Email: [email protected] versus M/S AL NOOR EXPORTS & ORS. .....Respondents Through: Mr. Rushab Aggarwal, Receiver for R-1 (Through VC) M: 9810057173 Email: [email protected] Mr. Pranay Mohangovil and Ms. Priya Katare, Advs. for R-2 to 4 M: 9958860135 Email: [email protected] Mr. Sanchit Gawri, Adv. for R-5 M: 9711746674 CORAM: HON'BLE MS. JUSTICE MINI PUSHKARNA MINI PUSHKARNA, J (ORAL): 1. The present petition has been filed under Section 11(6) of the Arbitration and Conciliation Act, 1996 (“Arbitration Act”), thereby, seeking appointment of a Sole Arbitrator for the adjudication of the disputes Signature Not Verified Digitally Signed ARB.P. 1781/2025 Page 1 of 6 By:HARIOM SHARMA Signing Date:23.01.2026 10:19:42 between the parties, arising out of three Processing Agreements dated 05 th March, 2023, 04th March, 2024 and 05th April, 2024 (“Processing Agreements”). 2. Learned counsel for petitioner submits that the petitioner entered into the Processing Agreements with the respondents to use the manufacturing facility of respondent no. 1, including, the complete infrastructure built within the said facility. 3. It is the case of the petitioner that the Processing Agreements dated 04th March, 2024 and 05th April, 2024, were executed between the parties as extensions and in similar terms as the Processing Agreement dated 05 th March, 2023. Further, in pursuance to the Processing Agreements the petitioner had made several advance payments to the respondents. 4. It is submitted that respondent no. 1 is a partnership firm and al