Tata Capital Limited v. M/S Maa Sharda Sales And ANR

$~3 * IN THE HIGH COURT OF DELHI AT NEW DELHI + O.M.P. (T) (COMM.) 2/2026 TATA CAPITAL LIMITED .....Petitioner Through:

Mr. Varun Kumar and Ragini Kapoor, Advocates Mr. Ankit Gupta, Advocate versus M/S MAA SHARDA SALES AND ANR .....Respondents Through:

CORAM:

HON'BLE MR. JUSTICE SUBRAMONIUM PRASAD

O R D E R

% 17.03.2026 1.

The present Petition under Section 14 read with Section 15 of the Arbitration and Conciliation Act, 1996, has been filed by the Petitioner seeking termination of the mandate of the Arbitrator and appointment of a substitute Arbitrator.

2.

This Court vide Order dated 24.11.2025 in Arbitration Petition bearing ARB P No. 1713 of 2025 appointed the Sole Arbitrator to adjudicate upon the disputes between the parties arising out of the Loan cum Guarantee Agreement dated 20.09.2024.

3.

Learned Counsel for the Respondents appears on notice and states that the Respondents are ad idem with the contention that the learned Sole Arbitrator does not possess the requisite qualifications in terms of Clause 13 of the Agreement.

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 19/03/2026 at 13:19:30

4.

Resultantly, the mandate of the Arbitrator stands terminated. 5.

The Petition is disposed of.

6.

It is open for the Petitioner to move an appropriate application under Section 11 of the Arbitration and Conciliation Act, 1996 to seek an appointment of an Arbitrator.

SUBRAMONIUM PRASAD, J MARCH 17, 2026 Prateek 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 19/03/2026 at 13:19:30