Nishant & ANR. v. Abhay Singh & ANR.

$~42 * IN THE HIGH COURT OF DELHI AT NEW DELHI + ARB.P. 501/2026 & I.A. 7841/2026 (Ex. From filing typed/certified copy of the statement of R-2) NISHANT & ANR.

.....Petitioners Through:

Mr. Sourabh Saini and Mr. Anil Pandey, Advocates versus ABHAY SINGH & ANR.

.....Respondents Through:

Nemo

CORAM:

HON'BLE MR. JUSTICE HARISH VAIDYANATHAN SHANKAR

O R D E R

% 04.05.2026 1.

The present Petition, under Section 11 of the Arbitration and Conciliation Act, 1996 ["Act"], seeks appointment of a Sole Arbitrator to adjudicate the disputes between the parties arising out of the Agreement to Sell dated 13.01.2026 executed between the parties. 2.

Learned counsel for the Petitioner, on instructions, submits that the parties have entered into a Settlement Agreement dated 16.04.2026 ["Settlement Agreement"], which forms a part of the record, and in view of the same, seeks leave of this Court to withdraw the present Petition.

3.

Leave, as sought for, is granted.

4.

Accordingly, the present Petition, along with pending Application(s), if any, is dismissed as withdrawn, in terms of the aforestated Settlement Agreement.

HARISH VAIDYANATHAN SHANKAR, J.

MAY 04, 2026/rk/dj 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 06/05/2026 at 11:45:38