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2026 DAILYLAW 21276 (DEL)

TATA CAPITAL HOUSING FINANCE LTD v. ANWER HUSAIN AND ANR

ARB.P./484/2026 · 2026-09-30

Om Prakash Shukla

body2026

Judgment text

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ARB.P. 484/2026 $~7 * IN THE HIGH COURT OF DELHI AT NEW DELHI # CNR No. DLHC011101902025 + ARB.P. 484/2026 & I.A. 7661/2026 TATA CAPITAL HOUSING FINANCE LTD .....Petitioner Through: Ms. Shobha Gupta, Ms. Akshita Mishra and Ms. Simranjeet Kaur, Advs. along with Mr. Ashish Kumar, AR. versus ANWER HUSAIN AND ANR .....Respondents Through: None. CORAM: HON'BLE MR. JUSTICE OM PRAKASH SHUKLA JUDGMENT(ORAL) % 30.09.2026 1. The present petition has been filed under Sections 11(5) and 11(6) of the Arbitration and Conciliation Act, 19961 seeking appointment of an Arbitrator. 2. On the last date of hearing, notice was issued to the Respondents and the Respondents were asked to file reply to the present petition. However, the same has not been filed. 3. On a perusal of the affidavit of service, it appears that the notice has been duly served on the Respondents. Despite the opportunity so granted, none appears on behalf of the Respondents. 4. In view thereof and considering that despite sufficient service, 1 “Act” hereinafter Signed By:ANUBHAV TRIPATHI Signing Date:08.10.2026 19:53:02 Signature Not Verified ARB.P. 484/2026 the Respondents have chosen not to participate in the present proceedings, this Court finds no impediment in proceeding to consider the appointment of a Sole Arbitrator. 5. The tracking details placed on record establishes that both the Respondents have been duly served at one of the addresses. The proof of service, as is reflected from the tracking details, is annexed to the petition and is reproduced hereinbelow: Signed By:ANUBHAV TRIPATHI Signing Date:08.10.2026 19:53:02 Signature Not Verified ARB.P. 484/2026 Signed By:ANUBHAV TRIPATHI Signing Date:08.10.2026 19:53:02 Signature Not Verified ARB.P. 484/2026 6. Clause 12 of the Loan Agreement contains an arbitration clause and the same is reproduced hereinbelow: “12. Dispute Resolution If any dispute, difference or claim arises between any of the Obligors and the Lender in connection with the Facility or as to the interpretation, validity, implementation or effect of the Facility Documents or as to the rights and liabilities of the parties under the Facility Documents or alleged breach of the Facility Documents or anything done or omitted to be done pursuant to the Facility Documents, the same shall be settled by arbitration to be held at the place as mentioned at Serial No.13 of Annexure 1 hereto In accordance with the Arbitration and Conciliation Act, 1996, or any statutory amendments thereto and shall be referred to a sole arbitrator to be appointed by the Lender. The award of the arbitrator shall be final and binding on all parties concerned. The arbitration proceedings shall be in English language. Cost of arbitration shall be borne by the Obligors. Notwithstanding anything contained hereinabove, the Lender reserves the right to, at its option, also enforce the security under the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (“SARFAESI Act”) or proceed to recover dues from the Obligors under the SARFAESI Act and/or the Recovery of Debts Due to Banks and Financial Institutions Act, 1993 (“DRT Act”).” 7. It is well settled that, while exercising jurisdiction under Section 11 of the Act, the scope of enquiry is confined to examining the prima Signed By:ANUBHAV TRIPATHI Signing Date:08.10.2026 19:53:02 Signature Not Verified ARB.P. 484/2026 facie existence of an arbitration agreement2. 8. In the aforesaid circumstances, this Court finds no impediment in appointing a Sole Arbitrator. 9. Accordingly, Ms. Neelampreet Kaur, Advocate (Mob. No.9650080047) is appointed as a learned Sole Arbitrator to adjudicate the disputes arisen between the parties. The learned Sole Arbitrator shall enter upon the reference within three weeks from today. 10. The learned Sole Arbitrator will proceed to the arbitration proceedings subject to furnishing requisite disclosures as required under Section 12(2) of the Act within three weeks of entering reference. 11. The arbitration shall be carried under the rules and aegis of Delhi International Arbitration Centre (“DIAC”). The learned Arbitrator shall be entitled to fees as per the Schedule of Fees maintained by the DIAC. 12. It shall be open to the parties to raise all pleas, including objection as to arbitrability and jurisdiction, before the learned Sole Arbitrator who shall decide the same in accordance with law. 2 SBI General Insurance Co. Ltd. v. Krish Spinning 2024 SCC OnLine SC 1754 Signed By:ANUBHAV TRIPATHI Signing Date:08.10.2026 19:53:02 Signature Not Verified ARB.P. 484/2026 13. It is clarified that the observations made herein are only for the purpose of deciding the present petition under Section 11(6) of the Act. The learned Sole Arbitrator shall adjudicate the disputes independently and on their own merits, uninfluenced by any observations contained in the present order. 14. The Registry is directed to send a receipt of this order to Ms. Neelampreet Kaur, learned Arbitrator through all permissible modes including email. 15. Accordingly, the present petition is disposed of in the above terms. Pending application(s), if any, also stand disposed of. OM PRAKASH SHUKLA, J SEPTEMBER 30, 2026/gunn Signed By:ANUBHAV TRIPATHI Signing Date:08.10.2026 19:53:02