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[Cites 1, Cited by 1]

Delhi High Court - Orders

Hero Fincorp. Limited vs Techno Trexim (I) Pvt. Ltd. & Ors on 29 April, 2022

Author: Sanjeev Sachdeva

Bench: Sanjeev Sachdeva

                                      $~51 & 61
                                      *    IN THE HIGH COURT OF DELHI AT NEW DELHI
                                      +    ARB.P. 1105/2021
                                           HERO FINCORP. LIMITED                              ..... Petitioner
                                                              Through:     Mr. Ajay Kohli and Ms. Saloni Jain,
                                                                           Advocates.

                                                              versus

                                           TECHNO TREXIM (I) PVT. LTD. & ORS.                 ..... Respondents
                                                              Through:     Advocates (appearance not given)
                                                                           Mr. Rishi Raj Sharma and Mr. Rajiv
                                                                           Singh, Advocates for R-2, 3 and 4
                                      +    ARB.P. 1186/2021
                                           HERO FINCORP. LIMITED                              ..... Petitioner
                                                              Through:     Mr. Ajay Kohli and Ms. Saloni Jain,
                                                                           Advocates.

                                                              versus

                                           TECHNO TREXIM (I) PVT. LTD. & ORS.                 ..... Respondents
                                                              Through:     Advocates (appearance not given)
                                                                           Mr. Rishi Raj Sharma and Mr. Rajiv
                                                                           Singh, Advocates for R-2, 3 and 4
                                           CORAM:
                                           HON'BLE MR. JUSTICE SANJEEV SACHDEVA
                                                              ORDER

% 29.04.2022

1. Petitioners seek reference of disputes emanating out of the Masters Facilities Agreement dated 26.12.2017 and Deed of Guarantee also dated 26.12.2017 to a sole Arbitral Tribunal.

Digitally Signed Signature Not Verified By:JUSTICE SANJEEV SACHDEVA Digitally Signed By:KUNAL MAGGU Signing Date:29.04.2022 1 Signing Date:30.04.2022 13:50:21 23:11 This file is digitally signed by PS to HMJ Sanjeev Sachdeva.

ARB.P. 1105/2021 & ARB.P. 1186/2021

2. Petitioner had entered into a Masters Facility Agreement with respondent no. 1.

3. Learned counsel appearing for the respondents no. 2 to 4 submits that an interim moratorium is in place qua said respondents under Section 96 IPC initiated by Union Bank of India against respondents no. 2 to 4.

4. List for consideration on 18.05.2022 date already fixed.

5. None appears for respondents no. 5 to 7.

SANJEEV SACHDEVA, J APRIL 29, 2022/So Digitally Signed Signature Not Verified By:JUSTICE SANJEEV SACHDEVA Digitally Signed By:KUNAL MAGGU Signing Date:29.04.2022 2 Signing Date:30.04.2022 13:50:21 23:11 This file is digitally signed by PS to HMJ Sanjeev Sachdeva.

ARB.P. 1105/2021 & ARB.P. 1186/2021