PAYWORLD DIGITAL SERVICES PRIVATE LIMITED vs INTER PRESS PUBLISHERS PRIVATE LIMITED

ARB-166-2026 (O&M) -1- 222 IN THE HIGH COURT OF PUNJAB & HARYANA AT CHANDIGARH *** ARB-166-2026 (O&M) Date of Decision: 22.05.2026 Payworld Digital Services Private Limited .... Applicant Versus Inter Press Publishers Private Limited ....Respondent CORAM: HON'BLE MR. JUSTICE JASGURPREET SINGH PURI Present: Mr. Samyak Jain, Advocate, for the applicant (through V.C.). Mr. Akshay Joshi, Advocate (through V.C.) & Mr. Rajender Kumar, Advocate, for the respondent. **** JASGURPREET SINGH PURI, J. (ORAL) 1. Short reply has been filed on behalf of the respondent in the Court today and the same is taken on record. A copy thereof has been supplied to learned counsel for the applicant. 2. The present application has been filed under Section 11(5) & 11(6) of the Arbitration and Conciliation Act, 1996 (hereinafter referred to as ‘the Act’) praying for appointment of an independent Sole Arbitrator to adjudicate upon the disputes/differences, which have arisen between the parties. 3. Learned counsel for the applicant has caused appearance through video conferencing and submitted that a Lease Deed was executed between the applicant and the respondent, which contains a valid arbitration clause i.e.