NEW DELHI, May 7 -- Delhi High Court issued the following judgment on April 7:
1. The instant petition has been preferred under Section 11(6) of the Arbitration and Conciliation Act, 1996 (hereinafter, referred to as the A&C Act), seeking constitution of Arbitral Tribunal (hereafter, referred to as at) comprising of a Sole Arbitrator to adjudicate the disputes between the parties.
2. The dispute arises out of a Master Agreement dated 26.04.2023 which was executed between the Petitioner and Respondents No.1 and 2. Clause 3.2 of the agreement contains an arbitration clause as per which the place of arbitration is New Delhi.
3. Master Agreement came to be executed to record terms and conditions of repayment of a loan that the Respondent No....