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may 2026

Delhi High Court · 2026-05-20

M/S MONEYWISE FINANCIAL SERVICES PVT LTD vs SH RAJINDER SINGH CHEEMA PROPRIETOR OF APOLLO SALES CORPORATION AND ANR

Citation / case number
ARB.P.-303/2026 2026:DHC:4521
Court
Delhi High Court
Petitioner
M/S MONEYWISE FINANCIAL SERVICES PVT LTD
Respondent
SH RAJINDER SINGH CHEEMA PROPRIETOR OF APOLLO SALES CORPORATION AND ANR
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Judgment text excerpt

IN THE HIGH COURT OF DELHI AT NEW DELHI Date of Decision : 20.05.2026 ARB.P. 303/2026 & I.A. 4247/2026 (Ex. From filing original documents) M/S MONEYWISE FINANCIAL SERVICES PVT LTD .....Petitioner Through: Mr. Mehvish Khan and Mr. Aman Choudhary, Advocates. versus SH RAJINDER SINGH CHEEMA PROPRIETOR OF APOLLO SALES CORPORATION AND ANR .....Respondents Through: None. CORAM: HON'BLE MR. JUSTICE HARISH VAIDYANATHAN SHANKAR % JUDGEMENT (ORAL) 1. The present Petition has been filed under Section 11 of the Arbitration and Conciliation Act, 19961, seeking the appointment of a Sole Arbitrator in terms of Clause 8.2 of the Loan Agreement dated 23.08.20242 to adjudicate the disputes inter se the parties. The said Clause reads as under: “8.2 Arbitration: Any disputes, differences, controversies and questions directly or indirectly arising at any time hereafter between the Parties or their respective, representatives or assigns, arising out of or in connection with this Agreement (or the subject matter of this Agreement), including, without limitation, any question regarding its existence, validity, interpretation, construction, performance, enforcement, rights and liabilities of the 1 Act 2 A