Shri Abhijit Rai Vaish & ANR. v. Reserve Bank Of India

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IN THE HIGH COURT OF DELHI AT NEW DELHI

+ ARB.P. 31/2023 & I.A. 20272/2023 SHRI ABHIJIT RAI VAISH & ANR.

.....Petitioner Through:

Mr.

Aayush Agarwala, Mr.

Kunj Mehra, Mr. Nilesh Kumar Mallika Luthra and Mr. Prakash Jha, Advs.

versus RESERVE BANK OF INDIA .....Respondent Through:

Mr. Abhinav Sharma, Adv. for R-1/RBI, Mr. Dhruv Gupta, Adv. for R-3, Mr. Sukrit R. Kapoor and Mr. Samarth Kapoor, Advs. for R-5

CORAM:

HON'BLE MR. JUSTICE C. HARI SHANKAR

O R D E R

% 20.08.2024 1.

In this petition, preferred by the petitioners, under Section 11(6) of the Arbitration and Conciliation Act, 1996, the respondent Reserve Bank of India has taken a preliminary objection that the dispute is not arbitrable.

2.

Mr. Aayush Agarwala, learned Counsel for the petitioners seeks in these circumstances to withdraw the petition to enable his client to pursue other appropriate remedies as available in law. 3.

The petition along with the pending application are accordingly disposed of as withdrawn.

C.HARI SHANKAR, J AUGUST 20, 2024/aky Click here to check corrigendum, if any ARB.P. 31/2023 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 22/08/2024 at 12:13:35