Sachin Goel & Anr. vs Shri Amanjot Singh & Ors.

ik-183139428 Delhi High Court 23 December 2024 • 9 min read

Judges (1)

Counsel (8)

Aarushi Singh Counsel Respondent Ajitesh Kumar Counsel Petitioner Ashutosh Gupta Counsel Petitioner Ashutosh Kumar Tiwari Counsel Respondent Gaurav Rana Counsel Petitioner Mayank Bhargava Counsel Respondent Rajdeep Saraf Counsel Respondent Riya Parihar Counsel Respondent

Parties (2)

Amanjot Singh Respondent Sachin Goel Petitioner

Case Significance

Sachin Goel & Anr. vs Shri Amanjot Singh & Ors. is a Delhi High Court decision dated December 23, 2024 (citation: ik-183139428). The petitioner sought appointment of an arbitrator under Section 11(6) of the Arbitration and Conciliation Act, 1996, to adjudicate disputes arising from a Share Purchase cum Settlement Agreement dated 02.01.2024, where the respondent allegedly failed to pay the first instalment of Rs 46 lakhs due by 30.04.2024. The respondent raised a jurisdictional objection contending the dispute fell under the Companies Act and was within NCLT's exclusive domain, but the court held this was a preliminary The case was heard by Justice Sachin Datta.

Summary

The petitioner sought appointment of an arbitrator under Section 11(6) of the Arbitration and Conciliation Act, 1996, to adjudicate disputes arising from a Share Purchase cum Settlement Agreement dated 02.01.2024, where the respondent allegedly failed to pay the first instalment of Rs 46 lakhs due by 30.04.2024. The respondent raised a jurisdictional objection contending the dispute fell under the Companies Act and was within NCLT's exclusive domain, but the court held this was a preliminary objection to be decided by the arbitrator. Ms. Prity Sharma, Advocate, was appointed as Sole Arbitrator, with proceedings under the aegis of DIAC.

What was the outcome of Sachin Goel & Anr. vs Shri Amanjot Singh & Ors.?

Judgment

Read the full judgment on the official India Courts portal.

Read on Indian Kanoon

Source: Indian Kanoon (ik-183139428)