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High Court of DelhiARB.P./424/2024

M/S Spg Global Commodities Limited v. Next West Africa Ci

2024-05-21Hon'Ble Mr. Justice Jasmeet Singh1 pages

$~13 *

IN THE HIGH COURT OF DELHI AT NEW DELHI

+ ARB.P. 424/2024 M/S SPG GLOBAL COMMODITIES LIMITED ..... Petitioner Through:

Mr. Wajeeh Shafiq and Ms. Ramsha Shan, Advs.

versus NEXT WEST AFRICA CI ..... Respondent Through:

CORAM:

HON'BLE MR. JUSTICE AMIT BANSAL

O R D E R

% 21.05.2024 1.

Counsel appearing on behalf of the petitioner submits that in view of the fact that the respondent company is situated outside India, the proposed arbitration proceedings would be in the nature of 'International Commercial Arbitration', in terms of Section 2(1)(f)(ii) of the Arbitration and Conciliation Act, 1996.

2.

Accordingly, the counsel for the petitioner seeks to withdraw the present petition with liberty to approach the Supreme Court in accordance with law.

3.

The petition is dismissed as withdrawn with the aforesaid liberty. AMIT BANSAL, J MAY 21, 2024/ss Click here to check corrigendum, if any 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 24/05/2024 at 11:39:24