CA DEEPAK GUPTA v. CA SHUBHAM JAIN

ARB.P. 950/2026 Page 1 of 3

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* IN THE HIGH COURT OF DELHI AT NEW DELHI # CNR No. DLHC010239422026 + ARB.P. 950/2026 CA DEEPAK GUPTA .....Petitioner Through: Mr. Saurav Malhotra, Advocate.

versus

CA SHUBHAM JAIN .....Respondent Through: Mr. Rakesh Patiyal, Advocate.

CORAM:

HON'BLE MR. JUSTICE OM PRAKASH SHUKLA

JUDGMENT(ORAL)

% 12.10.2026

1. Learned Counsel for the parties, jointly pray that the present matters may be referred to mediation to explore the possibility of amicable settlement of disputes.

2. Acceding to the same, with the consent of the parties, the matter is referred to the Delhi High Court Mediation and Conciliation Centre (SAMADHAN) and the parties are directed to appear in person or through their authorized representativ e along with their respective Counsel before the Mediation Centre on 13.10.2026.

3. Three weeks’ time is granted for exploring the possibility of settlement through mediation.

4. If mediation fails, the parties are also ad idem with respect to

ARB.P. 950/2026 Page 2 of 3

reference of the disputes to arbitration. There is no dispute with regard to the existence of a valid arbitration agreement between the parties.

5. In the aforesaid circumstances, this Court finds no impediment in appointing a Sole Arbitrator.

6. Accordingly, Mr. Sagar Saxen a, Advocate (Mob.

No.9871156571) is appointed as a learned Sole Arbitrator to adjudicate the disputes arisen between the parties. The learned Sole Arbitrator shall enter upon the reference within three weeks from the date of the mediation report recording failure of settlement.

7. The learned Sole Arbitrator will proceed to the arbitration proceedings subject to furnishing requisite disclosures as required under Section 12(2) of the Arbitration and Conciliation Act, 1996 within three weeks of entering reference.

8. The arbitration shall be carried under the rules and aegis of Delhi International Arbitration Centre (“DIAC”). The learned Arbitrator shall be entitled to fees as per the Schedule of Fees maintained by the DIAC.

9. It shall be open to the parties to rai se all pleas, including objection as to arbitrability and jurisdiction, before the learned Sole Arbitrator who shall decide the same in accordance with law.

10. It is clarified that the observations made herein are only for the purpose of deciding the present petition. The learned Sole Arbitrator

ARB.P. 950/2026 Page 3 of 3

shall adjudicate the disputes with claims and counter claims independently and on their own merits, uninfluenced by any observations contained in the present order.

11. The Registry is directed to send a receipt of this order to Mr.

Sagar Saxena , learned Arbitrator through all permissible modes including email.

12. Accordingly, the present petition is disposed of in the above terms.

OM PRAKASH SHUKLA, J

OCTOBER 12, 2026/pa