TATA CAPITAL LIMITED vs M/S VALLABH SAREE EMPORIUM & ORS.

IN THE HIGH COURT OF DELHI AT NEW DELHI Date of decision: 14.05.2026 ARB.P. 1855/2025 TATA CAPITAL LIMITED .....Petitioner Through: Mr. Varun Kumar and Ms. Ragini Kapoor, Advocates. versus M/S VALLABH SAREE EMPORIUM & ORS. ....Respondents Through: None. CORAM: HON'BLE MR. JUSTICE HARISH VAIDYANATHAN SHANKAR % JUDGMENT (ORAL) 1. The present Petition, under Section 11(6) of the Arbitration and Conciliation Act, 19961, seeks the appointment of a Sole Arbitrator to adjudicate upon the disputes stated to have arisen inter se the parties in terms of Clause 13 of the Term Loan Agreement dated 25.10.20242, as executed between the parties. The said Clause reads as follows: “13. Arbitration If any dispute, difference or claim arises between any of the Obligors and the Lender in connection with the Facility or as to the interpretation, validity, implementation or effect of the Facility Documents or as to the rights and liabilities of the parties under these T&Cs or alleged breach of the Facility Documents or anything done or omitted to be done pursuant to the Facility Documents, the same shall be settled by arbitration by a sole 1 Act 2 Agreement 2. Material on record indicates that the statu