Vinay Kumar Nahta Jain v. All India Swethamber Sthanakwasi Jain Conference & ORS.

$~36 * IN THE HIGH COURT OF DELHI AT NEW DELHI + O.M.P.(T) 6/2023, I.A. 25403/2023 VINAY KUMAR NAHTA JAIN ..... Petitioner Through:

Mr. Mani Bhadra Jain, Advocate versus ALL INDIA SWETHAMBER STHANAKWASI JAIN CONFERENCE & ORS.

..... Respondents Through:

Mr. R.S. Tomar, Advocate

CORAM:

HON'BLE MS. JUSTICE NEENA BANSAL KRISHNA

O R D E R

% 29.01.2024 1.

The petition has been filed under Sections 14 and 15 of the Arbitration & Conciliation Act, 1996 has been filed for termination of the mandate of the Arbitral Tribunal of the learned Sole Arbitrator on the ground that the arbitral fee of the learned Sole Arbitrator could not be financed and he has become de jure and de facto unable to perform his functions.

2.

The learned Arbitrator along with the counsel for the respondent has appeared in person and has submitted that he is willing to accept the payment as per the directions of this Court.

3.

Both the parties agree to make the payment as per the IVth Schedule. 4.

The payment is directed to be made within 15 days in terms of the Arbitration award.

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 03/07/2025 at 04:27:22

5.

The petition is accordingly disposed of.

NEENA BANSAL KRISHNA, J JANUARY 29, 2024/PT 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 03/07/2025 at 04:27:22