Versatile Commotrade Pvt Ltd vs Madan Gopal
Judges (1)
Counsel (4)
Case Significance
Versatile Commotrade Pvt Ltd vs Madan Gopal is a Delhi High Court decision dated December 19, 2024 (citation: ik-193052941). The petitioner sought appointment of a sole arbitrator under Section 11(6) of the Arbitration Act to adjudicate disputes arising from an Agreement to Sell dated 14.04.2013 for agricultural land worth Rs 5,27,70,000. The respondent had agreed to sell land obtained from a third-party company and received advance payment but the sale was never completed. A sole arbitrator was appointed under DIAC, with all rights and objections including jurisdiction, arbitrability, non-joinder, and limitation k The case was heard by Justice Sachin Datta. Counsel appearing: Abhishek Singh (counsel for petitioner), Divyam Rathi (counsel for petitioner), Gulab Chandra Yadav (counsel for respondent), Nikhilesh Krishnan (counsel for petitioner).
Summary
The petitioner sought appointment of a sole arbitrator under Section 11(6) of the Arbitration Act to adjudicate disputes arising from an Agreement to Sell dated 14.04.2013 for agricultural land worth Rs 5,27,70,000. The respondent had agreed to sell land obtained from a third-party company and received advance payment but the sale was never completed. A sole arbitrator was appointed under DIAC, with all rights and objections including jurisdiction, arbitrability, non-joinder, and limitation kept open for determination by the arbitrator.
What was the outcome of Versatile Commotrade Pvt Ltd vs Madan Gopal?
The petitioner sought appointment of a sole arbitrator under Section 11(6) of the Arbitration Act to adjudicate disputes arising from an Agreement to Sell dated 14.04.2013 for agricultural land worth ...
Judgment
Read the full judgment on the official India Courts portal.
Read on Indian KanoonSource: Indian Kanoon (ik-193052941)