MONEYWISE FINANCIAL SERVICES PVT LTD vs MR RANVEER SINGH PROPRIETOR OF DELHI BANGALORE FREIGHT CARRIER AND ANR

IN THE HIGH COURT OF DELHI AT NEW DELHI Date of Decision : 12.05.2026 ARB.P. 140/2026, I.A. 1686/2026 (Ex. From filing original documents) & I.A. 1687/2026 (Delay of 23 days in re-filing the petition) MONEYWISE FINANCIAL SERVICES PVT LTD .....Petitioner Through: Ms. Arunima Singh Jadaun, Advocate versus MR RANVEER SINGH PROPRIETOR OF DELHI BANGALORE FREIGHT CARRIER AND ANR .....Respondents Through: None CORAM: HON'BLE MR. JUSTICE HARISH VAIDYANATHAN SHANKAR % JUDGEMENT (ORAL) 1. The present Petition, under Section 11 of the Arbitration and Conciliation Act, 1996 [“Act”], seeks the appointment of a Sole Arbitrator to adjudicate upon the disputes stated to have arisen inter se the parties. 2. Learned counsel appearing for the Petitioner draws the attention of this Court to Clause 8.2 of the Loan Agreement dated 02.04.20241, which sets out the Arbitration clause as follows: “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, 1 Agreement 3. Material on record reveals that the statutory requirement of notice under Section 21 of the Act stands duly