High CourtsDivision Bench(2009) 08 DEL CK 0018

K.K. Modi Investment and Financial Services P. Ltd. vs Apollo International and Others

Delhi High Court · Decided on 11 August 2009

HON’BLE JUDGES
Neeraj Kishan Kaul, J · Mukul Mudgal, J
RESULT
Dismissed
CASE NUMBER
FAO (OS) 245 of 2009 and CM No. 8455 of 2009

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Judgment

9 paragraphs · 425 words

Mukul Mudgal, J.—This appeal arises against the order of the learned Single Judge dated 25th May, 2009 passed in OMP No. 292 of 2009. The learned Single Judge has concluded that there was no arbitration agreement between the appellant herein and respondent Nos. 2, 3 and 4. The learned Single Judge accordingly held that application u/s 9 of the Arbitration and Conciliation Act, 1996 (hereinafter to be referred as "the Act".) was not maintainable. The learned Single Judge also held that the findings made by him in its order dated 25th May, 2009 would not preclude the appellant/petitioner from seeking remedies against the respondents under appropriate law.

2.

We have heard the learned senior counsel appearing for the appellant.

3.

We find no reason to differ from the findings of the learned Single Judge in respect of the maintainability of the application u/s 9 of the Act which is correctly based upon the interpretation of Section 7 of the Act. We are also of the considered opinion that in view of the observations of the Hon''ble Supreme Court in the case of Sukanya Holdings Pvt. Ltd. Vs. Jayesh H. Pandya and Another, , the learned Single Judge''s findings on this score cannot be faulted.

4.

Mr. Bhushan, learned senior counsel appearing for the appellant/petitioner seeks leave to withdraw this appeal and indeed the application u/s 9 of the Act filed before the learned Single Judge as he wishes to file a civil suit. He has submitted that the observations made in the said judgment should not come in the way of the matters sought to be raised by him in the suit.

5.

Learned Counsel for the respondent has, however, submitted that the application u/s 9 of the Act having been decided on merits, there is no need for any clarification as sought by the appellant''s counsel while withdrawing the appeal.

6.

Indeed the learned Single Judge in the impugned judgment dated 25th March, 2009 has observed as follows:

This however, would not preclude petitioner from seeking remedies against respondents under appropriate law.

7.

We are of the view that the learned Single Judge himself gave an observation in favour of the appellant permitting them to seek remedies against the respondents under appropriate law. It is also evident that the observations and findings were made by the learned Single Judge only in the context of the maintainability of the application u/s 9 of the Act.

8.

The appeal is accordingly dismissed as withdrawn and stands disposed of. The pending application stands disposed of as well.