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Delhi High Court - Orders

Sohan Pal Singh vs Indiabulls Housing Finance Ltd. & Anr on 28 September, 2022

Author: Prateek Jalan

Bench: Prateek Jalan

                    $~33 & 2 to 5.
                    *    IN THE HIGH COURT OF DELHI AT NEW DELHI

                    +           ARB.P. 789/2022 & I.A. 10637/2022, I.A. 10638/2022

                                SOHAN PAL SINGH                                 ..... Petitioner
                                                                versus
                                INDIABULLS HOUSING
                                FINANCE LTD. & ANR.                          ..... Respondents

                    +           ARB.P. 531/2022
                                AMIT VERMA                                      ..... Petitioner
                                                                versus
                                M/S. SUNWORLD RESIDENCY
                                PRIVATE LIMITED                               ..... Respondent

                    +           ARB.P. 570/2022
                                ANIL KUMAR GUPTA & ANR.                        ..... Petitioners
                                                                versus
                                INDIABULLS HOUSING
                                FINANCE LTD. & ANR.                          ..... Respondents

                    +           ARB.P. 609/2022
                                NISHANT DALMIA                                  ..... Petitioner
                                                 versus
                                SUNWORLD RESIDENCY
                                PRIVATE LIMITED                               ..... Respondent

                    +           ARB.P. 610/2022
                                VIVEK GUPTA                                     ..... Petitioner
                                                                versus
                                SUNWORLD RESIDENCY
                                PRIVATE LIMITED                               ..... Respondent




Signature Not Verified
Digitally signed By:SHITU
NAGPAL
Signing Date:28.09.2022
19:35:39               ARB.P.   789/2022 & connected matters.                         Page 1 of 2
                     Appearances:
                         Mr. Sanjay Bansal, Ms. Vaishali Gupta, Ms. Swati Bansal, Ms.
                         Ayushi Bansal, Advocates for petitioners in item Nos. 33, 2 to 5.
                         Ms. Sangeeta Sondhi and Mr. Gorang Goyal, Advocates for
                         Indiabulls in item Nos. 33 and 3.
                         Mr. Anshum Jain, Advocate for Sunworld Residency in item Nos.
                         33, 2 to 5.

                    CORAM:
                    HON'BLE MR. JUSTICE PRATEEK JALAN
                                      ORDER

% 28.09.2022

1. Mr. Sanjay Bansal, learned counsel for the petitioners, states that the petitioners in all five petitions are Non-Resident Indians. As such the proposed arbitrations would be "International Commercial Arbitration"

within the meaning of Section 2(1)(f) of the Arbitration and Conciliation Act, 1996 ["the Act"] and the jurisdiction to appoint arbitrators under Section 11 of the Act lies with the Supreme Court of India.

2. In these circumstances, Mr. Bansal seeks permission to withdraw these petitions with liberty to approach the appropriate Court on the same cause of action.

3. The petitions, alongwith all the pending applications, stand dismissed as withdrawn with liberty as aforesaid.

PRATEEK JALAN, J SEPTEMBER 28, 2022 'Bhupi'/ Click here to check corrigendum, if any Signature Not Verified Digitally signed By:SHITU NAGPAL Signing Date:28.09.2022 19:35:39 ARB.P. 789/2022 & connected matters. Page 2 of 2