The case involves a dispute between New Delhi Municipal Council (NDMC) and Minosha India Limited, arising from a purchase order placed by NDMC with Minosha India Limited. NDMC issued a termination notice to Minosha due to alleged inaction. Minosha approached the High Court of Delhi, which directed NDMC to provide a hearing. NDMC rejected Minosha's representation. Minosha invoked arbitration, but NDMC did not consent to the suggested arbitrators. NCLT Mumbai admitted an application under Section 10 of the IBC and declared a moratorium. A resolution plan was approved. Minosha filed an application under Section 11(6) of the Arbitration and Conciliation Act, 1996. The High Court of Delhi allowed the application and appointed an arbitrator.
On 20.02.2015, New Delhi Municipal Council (NDMC) placed a purchase order of Rs.16,20,00,000/- with Minosha India Limited. NDMC later issued a termination notice to Minosha due to alleged inaction. Minosha approached the High Court of Delhi, which directed NDMC to provide a hearing. NDMC rejected Minosha's representation on 17.05.2016. Minosha invoked arbitration, and NDMC replied on 20.07.2016, disagreeing with the suggested arbitrators. On 14.05.2018, NCLT Mumbai admitted an application under Section 10 of the IBC and declared a moratorium. On 28.11.2019, a resolution plan was approved by the NCLT. On 25.11.2020, Minosha filed an application under Section 11(6) of the Arbitration and Conciliation Act, 1996. The High Court of Delhi allowed the application on
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New Delhi Municipal Council (NDMC) placed a…
NDMC rejected M…
The case involves a dispute between New Delhi Municipal Council (NDMC) and Minosha India Limited, arising from a purchase order placed by NDMC with Minosha India Limited. NDMC issued a termination notice to Minosha due to alleged inaction. Minosha approached the High Court of Delhi, which directed NDMC to provide a hearing. NDMC rejected Minosha's representation. Minosha invoked arbitration, but NDMC did not consent to the suggested arbitrators. NCLT Mumbai admitted an application under Section 10 of the IBC and declared a moratorium. A resolution plan was approved. Minosha filed an application under Section 11(6) of the Arbitration and Conciliation Act, 1996. The High Court of Delhi allowed the application and appointed an arbitrator.
On 20.02.2015, New Delhi Municipal Council (NDMC) placed a purchase order of Rs.16,20,00,000/- with Minosha India Limited. NDMC later issued a termination notice to Minosha due to alleged inaction. Minosha approached the High Court of Delhi, which directed NDMC to provide a hearing. NDMC rejected Minosha's representation on 17.05.2016. Minosha invoked arbitration, and NDMC replied on 20.07.2016, disagreeing with the suggested arbitrators. On 14.05.2018, NCLT Mumbai admitted an application under Section 10 of the IBC and declared a moratorium. On 28.11.2019, a resolution plan was approved by the NCLT. On 25.11.2020, Minosha filed an application under Section 11(6) of the Arbitration and Conciliation Act, 1996. The High Court of Delhi allowed the application on
…New Delhi Municipal Council (NDMC) placed a…
NDMC rejected M…