M/S CLIX CAPITAL SERVICES PVT LTD v. M/S JEEVANDHARA HOSPITAL & ORS.
Court: High Court of Delhi
Bench: HON'BLE MR. JUSTICE ANISH DAYAL
Judgment date:
Case summary
High Court of Delhi judgment dated 2025-02-10. M/S CLIX CAPITAL SERVICES PVT LTD v. M/S JEEVANDHARA HOSPITAL & ORS. Read the judgment and case details on...
Judgment text
$~1 & 2 * IN THE HIGH COURT OF DELHI AT NEW DELHI + ARB. P. 1850/2024 2 + ARB. P. 1856/2024 M/S CLIX CAPITAL SERVICES PVT LTD ..... Petitioner Through: Mr. Puneet Raj Banderwal, Adv. (thru VC) versus M/S JEEVANDHARA HOSPITAL & ORS. ..... Respondents Through: Mr. Kuldeep Kundra & Gourav Gupta, Advs. CORAM: HON'BLE MR. JUSTICE ANISH DAYAL O R D E R % 10. 02. 2025 1. Counsels for the parties appear through VC. 2. Counsel for respondent states that there is a possibility of an amicable resolution of disputes. 3. Accordingly, the parties, through their authorized representatives, duly assisted by their respective counsels, shall appear before Delhi High Court th Mediation & Conciliation Centre on 20 February 2025 at 2:30 PM. 4. Copy of this order be sent to Organizing Secretary, Delhi High Court Mediation & Conciliation Centre for information and compliance. 5.
In the event that mediation is unsuccessful, parties agree that a Sole Arbitrator be appointed, to adjudicate their disputes arising under Facility-st cum-Hypothecation Agreement dated 31 October 2020, along with the Deed of Guarantee executed in favour of petitioner company by respondents, whereby loan was disbursed for purchase of medical equipment. This is a digitally signed order. 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 15/02/2025 at 11:59:38 6. Accordingly in event of failure of mediation process, matters be referred to the Delhi International Arbitration Centre (‘DIAC’), as per agreement between the parties and the Secretary, 7. DIAC shall appoint the Sole Arbitrator for adjudication of disputes. 8. Both these petitions stand disposed of, with these directions. 9. Order be uploaded on the website of this Court.
ANISH DAYAL, J FEBRUARY 10, 2025/sm This is a digitally signed order. 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 15/02/2025 at 11:59:38
Source: High Court of Delhi. Archive: Dattam Labs. CC BY 4.0. Text extracted automatically; compare with the source PDF for layout and accuracy.