KANHAIYA LAL CHARITABLE TRUST THROUGH CHAIRMAN MR. TARUN KUMAR vs INNOVATIVE PROJECT MANAGEMENT SERVICES PRIVATE LIMITED & ORS.

Judgment text excerpt

$~12 * IN THE HIGH COURT OF DELHI AT NEW DELHI Date of Decision: 12.03.2026 + ARB.P. 235/2026 KANHAIYA LAL CHARITABLE TRUST THROUGH CHAIRMAN MR. TARUN KUMAR .....Petitioner Through: Ms. Jaya Pahwa, Ms. Ria Jain, Ms. Tanya Vats, Mr. Sagar Prajapati and Mr. Chandan Mishra, Advocates versus INNOVATIVE PROJECT MANAGEMENT SERVICES PRIVATE LIMITED & ORS. .....Respondents Through: Ms. Tajinder Kaur and Mr. Neeraj Gupta, Advocates CORAM: HON'BLE MR. JUSTICE HARISH VAIDYANATHAN SHANKAR % JUDGEMENT (ORAL) HARISH VAIDYANATHAN SHANKAR, J. 1. The present Petition, filed under Section 11(6) of the Arbitration and Conciliation Act, 19961, seeks appointment of a Sole Arbitrator for the purpose of resolution of disputes that are stated to have arisen out of Article 6 (particularly, Clause 6.1) of the Fund- Raising Services Agreement dated 28.05.2019 inter se the parties. The said Clause 6.1 reads as follows: “ARTICLE 6 DISPUTE RESOLUTION 6.1 Any controversy or dispute in connection with this agreement which cannot be amicably settled by the parties 1 Act Signature Not Verified Digitally Signed By:HARVINDER KAUR BHATIA Signing Date:17.03.2026 ARB.P. 235/2026 Page 1 of 7 11:33:24 shall be decided by recourse to arbitration by a sole arbitrator, appointed by the mutual discussion between The CEO of the First Party and the Chief Functionary of the second party which will be governed under the provisions of Arbitration & Conciliation Act, 1996, with the place of Arbitration at New Delhi. In case of any dispute the parties shall be bound to give the other party a due notice of 30 days for invoking the provision under this clause i.e. for appointment of arbitrator. The arbitral award shall be final and binding on both parties. The courts at New Delhi, India shall have exclusive jurisdiction in