Alisa Infratech Pvt Ltd & Anr. v. Saya Cementation Ltd.

Delhi High Court · 09 Nov 2020 · 2020:DHC:3218
C. Hari Shankar
ARB.P. 560/2020
2020:DHC:3218
arbitration appeal_dismissed

AI Summary

The Delhi High Court allowed withdrawal of an arbitration petition with liberty to re-approach after parties agreed to attempt amicable resolution as required by the arbitration clause.

Full Text
Translation output
ARB.P. 560/2020
HIGH COURT OF DELHI
Decided on 9th November, 2020
ARB.P. 560/2020 and IAs 10248-49/2020
ALISA INFRATECH PVT LTD & ANR. ..... Petitioners
Through: Dr. Surat Singh and Ms. Aparna Sehgal, Advs.
VERSUS
SAYA CEMENTATION LTD. ..... Respondent
Through: None
CORAM:
HON'BLE MR. JUSTICE C. HARI SHANKAR O R D E R (ORAL)
09.11.2020 (Video-Conferencing)
JUDGMENT

1. The arbitration clause, in the agreement between the parties, contemplates an effort at amicable resolution before they seek recourse to arbitration.

2. Dr. Surat Singh, learned counsel for the petitioners, submits that efforts, at seeking an amicable resolution of the disputes, are in progress. He, accordingly, seeks leave to withdraw this petition with liberty to re-approach the Court in case the disputes are not amicably resolved, and in accordance with the arbitration agreement between the parties.

3. Granting leave and liberty as aforesaid, the petition is dismissed 2020:DHC:3218 ARB.P. 560/2020 as withdrawn. IAs 10248-49/2020

1. In view of the order passed in the arbitration petition, these applications are disposed of.

C. HARI SHANKAR, J.