Srei Equipment Finance Limited vs Placid Marketing Private Limited And … on 25 June, 2025

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The Court:

1. On consent of the parties, the matter is taken out of turn.

2. This application under Section 9 of the Arbitration and Conciliation Act

is necessitated as the application under Section 11 of the said Act,

which was filed before this Court for appointment of an Arbitrator, was

dismissed as withdrawn. In view of certain formal defects, liberty was

granted to the petitioner therein to file an appropriate application upon

taking proper steps.

3. The withdrawal of the application was on the objection raised by Mr.

Aniruddha Mitra learned senior advocate for the respondents that the

notice under Section 21 of the said Act, which was a mandatory

requirement under the law, was served at the wrong address of Smt.

Rashmi Jain and service upon the respondent nos. 3 and 4 was

inconclusive. The petitioner could not satisfy the court that the notice

of invocation had been served upon the respondents.



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