Welspun One Logistics Parks Fund I v. Mohit Verma and Ors.

Delhi High Court · 19 Dec 2022 · 2022:DHC:5686
Navin Chawla
O.M.P.(I) (COMM.) 157/2022
2022:DHC:5686
civil appeal_dismissed

AI Summary

The Delhi High Court allowed the petitioner to withdraw the commercial petition with liberty to file an application under Section 17 of the Arbitration and Conciliation Act, 1996 before the appointed Arbitrator.

Full Text
Translation output
Neutral Citation Number: 2022/DHC/005686
O.M.P.(I) (COMM.) 157/2022
HIGH COURT OF DELHI
Reserved on:12.12.2022
Date of Decision: 19.12.2022
O.M.P.(I) (COMM.) 157/2022 & I.A. 10389/2022 &
17173/2022.
WELSPUN ONE LOGISTICS PARKS FUND I..... Petitioner
Through: Mr.Jayant Mehta, Sr. Adv. with Ms.Sanya Sud, Mr.Sanjeev
Sharma, Ms.Divya Joshi, Mr.Siddharth & Ms.Ananya Pratap
Singh, Advs.
VERSUS
MR MOHIT VERMA AND ORS..... Respondents
Through: Mr.Arvind Nigam, Sr. Adv. with Mr.Sumit Kochhar, Ms.Laavanya
Kaushik, Mr.Vineet Malhotra, Ms.Skhita, Mr.Mohit Paul, Mr.Vishal Gohri, Mr.Rajdeep
Panda, Mr.Chitranshul Sinha, Ms.Sanjam Chawla & Ms.Akshita
Upadhyay, Advs.
CORAM:
HON'BLE MR. JUSTICE NAVIN CHAWLA
JUDGMENT

1. The learned senior counsel for the petitioner submits that as an Arbitrator has been appointed in ARB.P. 792/2022, he may be allowed to withdraw the present petition with liberty to file an application under Section 17 of the Arbitration and Conciliation Act, 1996, without prejudice to the rights and contentions of the petitioner, before the Arbitrator so appointed. Neutral Citation Number: 2022/DHC/005686 O.M.P.(I) (COMM.) 157/2022

2. The petition is dismissed as withdrawn, with liberty as prayed for.

NAVIN CHAWLA, J. DECEMBER 19, 2022/Ais/s