Moneywise Financial Services Pvt Ltd vs Balaji Departmental Store Through Its ...

ik-84005963 Delhi High Court 18 November 2025 • 10 min read

Judges (1)

Counsel (3)

Parties (3)

Case Significance

Moneywise Financial Services Pvt Ltd vs Balaji Departmental Store Through Its... is a Delhi High Court decision dated November 18, 2025 (citation: ik-84005963). Moneywise Financial Services filed a petition under Section 11 of the Arbitration and Conciliation Act seeking appointment of an arbitrator arising out of a Master Loan Agreement dated 17.06.2021 for a loan of Rs 25,27,878. The respondents defaulted on repayment and a dispute arose that was referable to arbitration under Clause 8.2 of the MLA. The court appointed an arbitrator under the aegis of the Delhi International Arbitration Centre (DIAC). The case was heard by Justice Purushaindra Kumar Kaurav. Counsel appearing: Aman Choudhary (counsel for petitioner), Harshit Upmanyu (counsel for respondent), Mehvish Khan (counsel for petitioner).

Summary

Moneywise Financial Services filed a petition under Section 11 of the Arbitration and Conciliation Act seeking appointment of an arbitrator arising out of a Master Loan Agreement dated 17.06.2021 for a loan of Rs 25,27,878. The respondents defaulted on repayment and a dispute arose that was referable to arbitration under Clause 8.2 of the MLA. The court appointed an arbitrator under the aegis of the Delhi International Arbitration Centre (DIAC).

What was the outcome of Moneywise Financial Services Pvt Ltd vs Balaji Departmental Store Through Its...?

Moneywise Financial Services filed a petition under Section 11 of the Arbitration and Conciliation Act seeking appointment of an arbitrator arising out of a Master Loan Agreement dated 17.06.2021 for ...

Judgment

Read the full judgment on the official India Courts portal.

Read on Indian Kanoon

Source: Indian Kanoon (ik-84005963)