AXIS FINANCE LIMITED v. M KUSHA COATING INDUSTRIES PVT LTD & ORS.
ARB.P./855/2026 · 2026-07-10
Cases Pertaining To Special Benches
body2026
DailyLaw.ai
[ 2026 DAILYLAW 11788 (DEL) · dailylaw.ai ]
DailyLaw.ai
[ 2026 DAILYLAW 11788 (DEL) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
$~2 (Original Side) * IN THE HIGH COURT OF DELHI AT NEW DELHI + ARB.P. 855/2026
AXIS FINANCE LIMITED
.....Petitioner Through: Mr. Shubham Mahajan, Advocate.
versus
M KUSHA COATING INDUSTRIES PVT LTD & ORS.
.....Respondents
Through: Ms. Rajeshwari Hariharan,
learned Amicus Curiae.
CORAM:
HON'BLE MR. JUSTICE HARISH VAIDYANATHAN
SHANKAR
O R D E R %
10.07.2026
1. The present Petition, under Section 11(6) of the Arbitration and
2. Conciliation Act, 1996 ["Act"], has been filed seeking the appointment of an Arbitrator in terms of Clause 35 of the Business Loan Agreement dated 31.03.2021, executed between the parties.
3.
Learned counsel appearing on behalf of the Petitioner, on instructions, seeks the leave of this Court to withdraw the present Petition on the ground that the disputes inter se the parties have since been settled.
4. Liberty, as sought for, is granted.
5. Accordingly, the present Petition along with all pending Application(s), if any, stands dismissed as withdrawn.
HARISH VAIDYANATHAN SHANKAR, J. JULY 10, 2026/nd/va This is a digitally signed order. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 14/07/2026 at 11:08:47