M/S LEASE PLAN INDIA PRIVATE LIMITED vs P. D. MEMORIAL RELIGIOUS AND EDUCATIONAL ASSOCIATION

Judgment text excerpt

$~5 * IN THE HIGH COURT OF DELHI AT NEW DELHI Date of decision: 25.03.2026 + ARB.P. 1818/2025 M/S LEASE PLAN INDIA PRIVATE LIMITED .....Petitioner Through: Mr. Akhilesh Pradhan, Advocate versus P. D. MEMORIAL RELIGIOUS AND EDUCATIONAL ASSOCIATION .....Respondent 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, 19961, seeking the appointment of an Arbitrator to adjudicate the disputes between the parties arising out of the Lease Agreement dated 06.06.20182. 2. The said Agreement contains an Arbitration Clause, being Article 10.2, which reads as under: “10.2(i) Arbitration: All disputes, differences, claims and demands arising under or pursuant to or concerning this Agreement shall be referred to Arbitration in accordance with the provisions of the Arbitration & Conciliation Act, 1996 or any statutory amendment or re amendment or re-enactment thereof subject to following rules: (a) Arbitration shall be conducted by a sole arbitrator to be 1 Act 2 Agreement Signature Not Verified Digitally Signed ARB.P. 1818/2025 Page 1 of 7 By:HARVINDER KAUR BHATIA Signing Date:27.03.2026 16:26:30 appointed by LPIN. (b)The language of arbitration shall be English and place of Arbitration shall be Delhi, (c) The respective costs of arbitration shall be borne equally by the parties in the first instance; however, the successful party shall be entitled to the costs of arbitration including legal and recovery costs. (d) The award shall be a speaking award and shall be binding on the parties. (ii) Jurisdiction: Subject to 10.1 (i), the laws of India shall govern this Agreement. The Courts in New Delhi shall have exclusive jurisdiction in respect of any matt