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CNR DLNT01009719202629 Jul 2026
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Order 1 · 29 Jul 2026 · CNR DLNT010097192026

Order Details: COPY OF JUDICIAL PROCEEDINGS
Pdf Text: M/s NKG Infrastruct Ltd. Vs. M/s HDB Financial Services Ltd.
OMP (comm.) No. 6850/2026
29.07.2026
Present: Sh. Abhishek Aggarwal, ld. Counsel for petitioner
Fresh petition u/s 34 Arbitration & Conciliation Act
received challenging exparte arbitral award dated 27.03.2026. It
be checked and registered. Petition is accompanied with another
application u/s 36(2) seeking stay of operation of impugned
exparte award dated 27.03.2026.
It is pointed by the counsel for the petitioner that as
is evident from the prayer granted under the award Ld. Arbitrator
has directed the respondent/petitioner herein to hand over the
vehicle in question in case it has not already been possessed and
also given liberty to respondent herein to dispose off that vehicle.
Considering the submissions made,
inter alia stated
that very appointment of arbitrator is bad in law as the arbitration
clause contained unilateral authority to claimant/respondent
herein to appoint arbitrator of their own choice. Operation of the
award is ordered to be stayed till the disposal of the present
petition.
Let notice of the petition be issued to the respondent.
Notice be also issued to the Arbitrator for filing the certified copy
of this Arbitral record.
Put up this matter on 08.10.2026.
(Shailender Malik )
District Judge (Commercial)-02
North District, Rohini Courts,
Delhi/29.07.2026
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