Rajasthan High Court
ARBAP/107/2024 of BAID FINSERV LTD. Vs GAJANAND SHARMA S/O RAMU LAL SHARMA on 29 July 2026
JUDICATURE FOR RAJASTHAN BENCH AT JAIPUR S.B. Civil Arbitration Application No. 107/2024 CNR: RJHC020766862024 | URN: ARBAP / 149U / 2024 Baid Finserv Ltd., (Formerly Known As Baid Leasing And Finance Company), Having Registered Office At Plot No. 1, Baid House, 2Nd Floor, Tara Nagar, Ajmer
[2026:RJ-JP:29414]
HIGH COURT OF JUDICATURE FOR RAJASTHAN
BENCH AT JAIPUR
S.B. Civil Arbitration Application No. 107/2024
CNR: RJHC020766862024 | URN: ARBAP / 149U / 2024
Baid Finserv Ltd., (Formerly Known As Baid Leasing And Finance Company), Having Registered Office At Plot No. 1, Baid House, 2Nd Floor, Tara Nagar, Ajmer Road, Jaipur- 302006 Through Its Authorized Representative Dinesh Sharma.
----Petitioner
Versus
1.
Gajanand Sharma S/o Ramu Lal Sharma, R/o Brahman Mohalla, Gram Bhoorla, Tehsil Bassi, District Jaipur, Rajasthan 303004
2.
Smt. Mamta Devi W/o Gajanand Sharma, R/o Brahman Mohalla, Gram Bhoorla, Tehsil Bassi, District Jaipur, Rajasthan 303004
3.
Omprakash Sharma S/o Ramu Sharma, R/o 18, Mukhyalaya Brahman Mohalla, Gram Bhoorla, Tehsil Bassi, District Jaipur, Rajasthan 303004
----Respondents
For Petitioner(s)
:
Mr. Sandeep Bansiwal
For Respondent(s)
:
Mr. Sanjog Kamal Sharma
HON'BLE THE ACTING CHIEF JUSTICE MR. SANJEEV PRAKASH SHARMA
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Order
29/07/2026
1. Heard learned counsel for both the parties.
2. Both the counsel are ad idem that the dispute arisen between the parties requires to be examined by the independent Arbitrator.
3. With the consent of the parties, this Court directs appointment of Hon’ble Mr. Justice Banwari Lal Sharma (Retd.), 49-50, 4D, Campus, Theme Colony, Near Murlipura Police Station,
[2026:RJ-JP:29414] (2 of 2) [ARBAP-107/2024] Jaipur to act as an Arbitrator and to decide all issues without prejudice to the rights and contentions raised in the present application and in the reply. The arbitration fees shall be in accordance with the Fourth Schedule of the Act of 1996, as amended. The fee of the Arbitrator will be equally borne by both the parties. The place of arbitration shall be at Jaipur.
4. The parties are at liberty to raise all objections before the Arbitrator including preliminary objections raised by the respondents.
5. The Arbitrator is requested to complete the proceedings as per time limit specified under Section 29A of the Act.
6. The arbitration application is allowed accordingly.
7. Copy of this order be sent to the appointed Arbitrator. (SANJEEV PRAKASH SHARMA),ACTING CJ RAHUL MIRKHANI/39