Extracted from the PDF above. The PDF is authoritative.
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ARB-112-2025
-1- IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH 227
ARB-112-2025 Date of Decision: 28.05.2025 HDFC Bank Limited
…Applicant Versus Ramandeep Singh and another
…Respondents
CORAM: HON'BLE MR. JUSTICE JAGMOHAN BANSAL Present: - Mr. Abhishek Garg, Advocate for the applicant
Mr. Pankaj Garg, Advocate for respondents *** JAGMOHAN BANSAL, J. (Oral)
1.
Through instant application under Section 11(5) of the Arbitration and Conciliation Act, 1996 (for short ‘1996 Act’), the applicant is seeking appointment of an Arbitrator.
2.
The parties entered into agreements dated 30.12.2019 (Annexure P-2) and 13.02.2020 (Annexure P-3). A dispute erupted between the parties. The applicant served notice upon the respondents seeking resolution of dispute through Arbitral Tribunal but to no avail.
3.
Mr. Pankaj Garg, Advocate appeared and filed his Power of Attorney on behalf of the respondents. The same is taken on record. Registry is directed to tag the same at an appropriate place.
4.
Learned counsel for the respondents expressed his inability to controvert execution of arbitration agreement and service of notice.
MOHIT KUMAR 2025.05.29 15:05 I attest to the accuracy and integrity of this
order/judgement.
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ARB-112-2025
-2-
5.
Conditions to invoke power conferred by Section 11(6) of 1996 Act stand satisfied, thus, I hereby appoint a Sole Arbitrator to adjudicate the dispute between the parties.
6.
Mr. Kunal Vinayak, Advocate, residing at House No.303, Phase 7 (Sector 61), S.A.S Nagar, Mohali, Mobile Nos.9569884926 & 9876511277 is hereby appointed as a Sole Arbitrator to adjudicate the dispute between the parties, subject to compliance of statutory requirements. The learned Arbitrator is requested to comply with mandate of Section 12 of 1996 Act before proceeding further.
7.
The parties at the first instance will appear before the Arbitrator on 12.06.2025 at 10:00 AM and thereafter, as directed by learned Arbitrator.
8.
The Arbitrator shall be paid fee in accordance with the Fourth Schedule of the 1996 Act, as amended.
9.
The Arbitrator is requested to complete the proceedings as per time limit specified under Section 29-A of the 1996 Act.
10.
Needless to mention, parties would be at liberty to raise all the claims/defences/counter claims/pleas before the Arbitrator. Any observation made hereinabove will not be binding on the learned Arbitrator.
11.
A request letter along with copy of this order be sent to Mr. Kunal Vinayak, Advocate.
(JAGMOHAN BANSAL)
JUDGE 28.05.2025 Mohit Kumar Whether speaking/reasoned Yes/No Whether reportable Yes/No
MOHIT KUMAR 2025.05.29 15:05 I attest to the accuracy and integrity of this
order/judgement.