M/S Vserv Insurance Services Pvt Ltd vs M/S Dlf Limited & Ors on 27 July, 2026

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    Delhi High Court

    M/S Vserv Insurance Services Pvt Ltd vs M/S Dlf Limited & Ors on 27 July, 2026

    Author: Prathiba M. Singh

    Bench: Prathiba M. Singh

                              $~63
                              *    IN THE HIGH COURT OF DELHI AT NEW DELHI
                                                                         Date of Decision: 27th July, 2026
                                                                            Uploaded on: 30th July, 2026
                              +          FAO(OS) (COMM) 162/2026 & CM APPL. 42169/2026
                                    M/S VSERV INSURANCE SERVICES PVT LTD .....Appellant
                                                   Through: Mr. Vijay Sharma, Adv.
                                                   versus
                                    M/S DLF LIMITED & ORS.                    .....Respondents
                                                        Through:     Mr. Rakesh Khanna, Sr. Adv., Ms.
                                                                     Nandini Gore, Mr. Akhil Abraham
                                                                     Roy, Mr. Rohan Khanna, Ms. Swati
                                                                     Bhardwaj and Mr. Vedant Choudhary,
                                                                     Advs. (Mob. 90197 25455).
                                   CORAM:
                                   JUSTICE PRATHIBA M. SINGH
                                   JUSTICE VIKAS MAHAJAN
                                                    JUDGMENT
    

    Prathiba M. Singh, J.

    1. This hearing has been done through hybrid mode.

    SPONSORED

    2. The present appeal has been filed by the Appellant under Section
    37(1)(c)
    of the Arbitration and Conciliation Act, 1996 (hereinafter ‘the Act’)
    read with Section 13(1A) of the Commercial Courts Act, 2015, inter alia,
    assailing the impugned judgement dated 7th May, 2026 passed by the ld.
    Single Judge in O.M.P. (COMM) 231/2026 titled ‘M/s Vserv Insurance
    Services Pvt. Ltd. v. M/s DLF Limited and Ors.’ (hereinafter ‘the impugned
    judgement’).

    3. Vide the impugned judgement, the ld. Single Judge has dismissed the
    Appellant’s petition under Section 34 of the Act.
    Factual Background

    4. The background of the present case is that, the Appellant and the

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    Respondent No.1 had entered into a ‘Retail/Commercial Office Space Buyer’s
    Agreement (hereinafter, ‘the SB Agreement’) dated 25th July, 2005. By the
    said agreement, the Appellant had booked one Shop/Office space bearing no.
    317 located on the third floor, having super area measuring 153.272 square
    meters, of the ‘Galleria DLF Jalandhar’ situated in Khasra Nos. 3843 and
    3844 at Nakodar Road, Jalandhar, Punjab (hereinafter, ‘the subject shop’).

    5. Initially, the transaction was governed by the SB Agreement. The said
    agreement had an arbitration clause for resolving the disputes between the
    parties. The said clause is set out below:

    “51. Arbitration
    All or any disputes arising out of or touching upon or
    in relation to the terms of this Agreement including the
    interpretation and validity of the terms thereof and the
    respective rights and obligations of the parties shall be
    settled amicably by mutual discussion failing which the
    same shall be settled through arbitration. The
    arbitration proceedings shall be governed by the
    Arbitration and Conciliation Act, 1996 or any
    statutory amendments/modifications thereof for the
    time being in force. The arbitration proceedings shall
    be held at an appropriate location in Delhi or New
    Delhi by a Sole Arbitrator who shall be appointed by
    the Intending Seller and whose decision shall be final
    and binding upon the parties. The Intending Allottee
    hereby confirms that he/she shall have no objection to
    this appointment even if the person so appointed, as the
    arbitrator is an employee or advocate of the Intending
    Seller or otherwise connected with the Intending Seller
    and the Intending Allottee confirms that
    notwithstanding such relationship/connection, the
    Intending Allottee shall have no doubt as to the
    independence or impartiality of the said Arbitrator.
    The Courts at Jalandhar alone and the Punjab and
    Haryana High Court at Chandigarh alone shall have

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    the jurisdiction.”

    6. Simultaneously, the parties also signed a ‘Tripartite Maintenance
    Agreement’ dated 25th July, 2005.

    7. After the payment of the entire sale consideration by the Appellant, a
    Conveyance Deed dated 11th November, 2014 (hereinafter, the conveyance
    deed’) was executed between the parties, and the same was duly registered
    before the Sub Registrar, Jalandhar.

    8. Pursuant thereto, the possession of the subject shop was also handed
    over to the Appellant.

    9. The Conveyance Deed had an arbitration clause being ‘Clause 38’, for
    settlement of disputes between the parties. The said arbitration clause is as
    under (hereinafter, ‘the arbitration clause’):

    “…All or any disputes arising out of or relating to or
    concerning or touching this Conveyance Deed including
    the interpretation and validity of the terms thereof, shall
    be referred by any party to a sole arbitrator who shall
    be appointed by the Vendor and whose decision shall be
    final and binding upon the parties. The Arbitration
    proceedings shall be governed by the Arbitration &
    Conciliation Act, 1996
    or any statutory
    amendments/modifications thereof for the time being
    in force. The arbitration proceedings shall be held at
    an appropriate location to be decided by the arbitrator.
    The Vendee shall have no objection to such
    appointment even if the person so appointed as the sole
    arbitrator, is an employee or advocate of Vendor or is
    otherwise connected to Vendor. The parties agree that
    no other person shall have the power to appoint the
    sole arbitrator. The Courts at Jalandhar alone and the
    Punjab & Haryana High Court at Chandigarh shall
    have the jurisdiction.”

    10. Sometime in 2022, certain disputes had arisen between the parties,

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    which led to the invocation of the arbitration clause by the Appellant.

    11. The Appellant had approached the High Court of Punjab and Haryana
    under Section 11(6) of the Act, for appointment of an Arbitrator. Vide order
    dated 29th August, 2024 in Arb. Petition 417/2023, the Court had appointed
    the ld. sole Arbitrator to adjudicate the disputes between the parties. The said
    order dated 29th August, 2024 is set out below:

    “1. Through instant application under Section 11(6) of
    the Arbitration and Conciliation Act, 1996 (for short
    ‘1996 Act’), the applicant is seeking appointment of an
    Arbitrator.

    2. The applicant entered into agreement dated
    25.07.2005 (Annexure P-2) with the respondent.
    Thereafter, the parties executed conveyance deed dated
    11.11.2014 (Annexure P-3). There is an arbitration
    clause in the conveyance deed. The execution of
    agreement & conveyance deed, arbitration clause in the
    conveyance deed and service of notice under Section 21
    of 1996 Act is not disputed.

    3. Conditions to invoke power conferred by Section
    11(6)
    of 1996 Act stand satisfied, thus, I hereby appoint
    a sole Arbitrator to adjudicate the dispute between the
    parties.

    4. Mr. Justice Adarsh Kumar Goel, Retired Judge of
    Supreme Court, residing at C-2/24, Safdarjung
    Development Area, New Delhi- 110016, Mobile
    No.9910213040 is hereby appointed as a Sole
    Arbitrator to adjudicate the dispute between the
    parties, subject to compliance of statutory
    requirements. The learned Arbitrator is requested to
    comply with mandate of Section 12 of 1996 Act before
    proceeding further.

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    5. Parties are directed to appear before the learned
    Arbitrator on date, time and place to be fixed by the
    Arbitrator at his convenience…”

    12. Consequent to the appointment of the sole arbitrator, the arbitral
    proceedings commenced, and the arbitral award was passed on 11th
    December, 2025 (hereinafter, ‘the arbitral award’), whereby Claims No.
    1,2,4 of the Appellant were not allowed and Claim No.3 was partly allowed,
    by the ld. sole arbitrator.

    13. The said arbitral award was challenged by the Appellant before the
    learned Single Judge, by filing a petition under Section 34 of the Act.

    14. Vide the impugned judgement, the ld. Single Judge has, held that the
    ld. sole arbitrator was appointed by the High Court of Punjab and Haryana
    and therefore, the Court at Jalandhar and the High Court of Punjab and
    Haryana would have the exclusive jurisdiction over the subject matter.

    15. Further, the Court observed that the mere stipulation in Clause 51 of
    the SB Agreement, that the arbitration proceedings shall be held at an
    appropriate location in Delhi, does not, by itself, confer jurisdiction upon the
    High Court of Delhi.

    16. Accordingly, the petition under Section 34 of the Act was rejected by
    the ld. Single Judge. The observations of the ld. Single Judge are as under:

    “…7. Thus, it is clear that even the appointment of the
    sole arbitrator had been done by the Punjab and
    Haryana High Court. Further, perusal of the aforesaid
    clauses viz. Clause 38 of the Conveyance Deed and
    Clause 51 of the Space Buyer’s Agreement, which
    govern the relationship between the parties, clearly
    shows that Courts at Jalandhar and the Punjab and
    Haryana High Court at Chandigarh, alone shall have
    jurisdiction.

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    8. Thus, it is clear that the Courts at Jalandhar and the
    Punjab and Haryana High Court at Chandigarh have
    exclusive jurisdiction over the subject matter of the
    present case.

    9. The mere fact that Clause 51 of the Space Buyer’s
    Agreement, as reproduced hereinabove, stipulates that
    arbitration proceedings shall be held at an appropriate
    location in Delhi or New Delhi, does not confer any
    jurisdiction on this Court. The purpose of the aforesaid
    Clause 51 is only to fix the venue of the arbitration
    proceedings.

    xxxx xxxx xxxx

    17. This Court also takes note of the submission made
    by learned counsel appearing for the respondent that
    the respondents have already approached the Courts at
    Jalandhar, and filed a petition under Section 34 of the
    Arbitration Act challenging the Arbitral Award in
    question in the present matter. He submits that the said
    petition before the Jalandhar Court was listed on 18th
    April, 2026, and notice has been issued for 22nd
    September, 2026.

    18. Accordingly, the present petition is disposed of in
    the aforesaid terms, with liberty to the petitioner to
    approach the appropriate Court of jurisdiction.”

    17. It is this judgement of the ld. Single Judge which is under challenge in
    the present appeal.

    18. On 9th July, 2026, this Court had briefly heard the submissions on
    behalf of the ld. Counsels for the parties. The Court had directed the ld.
    Counsels for the parties to file a physical compilation of judgements they wish
    to rely upon, by the next date.

    19. Today, the ld. Counsels for the parties have placed on record their

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    respective compilations of judgements.

    Submissions of behalf of the parties

    20. The submissions on behalf of Mr. Vijay Sharma, ld. Counsel for the
    Appellant are as under:

    (i) That the arbitration clause in the Conveyance Deed does not fix
    the seat of arbitration and the entire arbitral proceedings were, in fact,
    held in Delhi. Therefore, the Courts at Delhi would have jurisdiction to
    entertain the challenge to the arbitral award, as Delhi is the seat of the
    arbitration.

    (ii) Reliance is placed upon the following decisions:

    J & K Economic Reconstruction Agency v. Rash
    Builders India Private Limited
    2026 SCC Online SC 596

    ● Arbitration Petition No. 444/2017 titled ‘Mr. Raman
    Deep Singh Taneja v. Crown Realtech Pvt. Ltd
    .’

    21. On the other hand, Mr. Rakesh Khanna, ld. Sr. Counsel for the
    Respondents has refuted the aforesaid contentions and has made the following
    submissions:

    (i) That a plain reading of the arbitration clause itself shows that
    flexibility was provided in respect of the venue, for holding the arbitral
    proceedings. However, the seat continued to be Jalandhar, with the
    Punjab and Haryana High Court having jurisdiction.

    (ii) Reliance is placed upon the following decisions:

    Arif Azim Company Limited v. Micromax
    Informatics FZE
    .
    (2025)9 SCC 750
    J & K Economic Reconstruction Agency (Supra)

    (iii) That the petition under Section 11(6) of the Act was also filed

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    before the Punjab and Haryana High Court and the property is also
    situated at Jalandhar. Thus, the seat would be Jalandhar.

    22. The Court is also informed that the Respondent has also challenged the
    arbitral award by way of a petition under Section 34 of the Act. The same is
    pending before the Jalandhar Court.

    23. In addition, after dismissal of the petition under Section 34 of the Act,
    the Appellant has also filed a petition under Section 34 before the Jalandhar
    Court, keeping in view the period of limitation, by way of abundant caution.
    Analysis

    24. Heard the ld. Counsel for the parties. The continuously vexed issue of
    ‘seat’ and ‘venue’ in arbitration proceedings also plagues the present case.

    25. The Court has perused the arbitral clause in the Conveyance deed,
    which have been extracted hereinabove. The said clause has the following
    three components –

    (a) That the arbitration proceedings are to be held at an appropriate
    locations as may be decided by the Ld. Arbitrator;

    (b) Courts at Jalandhar have been conferred with exclusive
    jurisdiction by use of the term `Only’;

    (c) The High Court of Punjab & Haryana shall have jurisdiction.

    26. The first and foremost feature of the arbitration clause is that the parties
    agreed that the arbitral proceedings can be held wherever the ld. Arbitrator
    finds it convenient. Thus, the location for holding the arbitral proceedings was
    not fixed in the arbitration clause and flexibility was left to the parties and the
    ld. Arbitrator.

    27. This would, however, not mean that the Seat was not fixed, as the last
    sentence of the arbitral clause clearly states that the Courts at Jalandhar alone

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    would have jurisdiction and that the Punjab and Haryana High Court at
    Chandigarh would have jurisdiction.

    28. The said term of the arbitral clause leaves no manner of doubt that the
    parties agreed that the fulcrum of the dispute, and the Courts vested with
    exclusive jurisdiction, would be governed by the seat at Jalandhar and the
    supervisory jurisdiction of the Punjab and Haryana High Court, and not by
    the venue, in respect of which flexibility was provided.

    29. In fact, in the order dated 29th August, 2024 passed by the Punjab and
    Haryana High Court, by which the learned sole Arbitrator was appointed, the
    Court itself granted flexibility to the ld. Arbitrator to hold the arbitral
    proceedings at an appropriate venue.

    30. In this age of online hearings and arbitral proceedings, where the
    ld. Arbitrator and the parties may participate in the proceedings from
    different geographical locations, the venue of the arbitration cannot
    determine the seat of the arbitration. To hold otherwise would render the
    concept of the `Seat of arbitration’ uncertain and susceptible to
    continuous change based on the convenience of the parties or the ld.
    Arbitrator. The concept of Seat is not a dynamic one but one which stands
    on a firm foundation rooted in the contract – especially the arbitration
    clause.

    31. This is also clear from the recent decision of the Supreme Court in J &
    K Economic Reconstruction Agency
    (Supra) wherein vide judgement dated
    15th April, 2026, the Court has summarised the distinction between ‘seat’ and
    ‘venue’ in arbitration proceedings. The relevant observations are set out
    below:

    “CASE LAW AND THE LEGAL PRINCIPLES:–

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    12. The distinction between the seat and venue of
    arbitration though, firmly embedded in arbitral
    jurisprudence, continues to give rise to jurisdictional
    errors. The present appeal exemplifies one such
    instance, necessitating judicial correction. The core
    issue is whether, despite an express designation of
    Srinagar as seat of arbitration, the conduct of
    proceedings and rendering of the award at New Delhi
    would confer jurisdiction upon courts at New Delhi. In
    order to answer this question, it becomes necessary to
    revisit the well-settled principles governing the concept
    of juridical seat of arbitration.

    13. A Constitution Bench of this Court, recognised that
    arbitration is anchored to the seat or place chosen by
    the parties, and that the law of that seat governs the
    arbitration. It was observed that Section 20 of the
    Arbitration and Conciliation Act, 1996 embodies party
    autonomy in the choice of seat, while also permitting,
    under sub-section (3), the holding of hearings at a place
    convenient to the parties. The distinction is both
    deliberate and doctrinal: while the seat determines
    jurisdiction and applicable law, the venue is merely a
    matter of convenience for conducting proceedings.

    14. A two-Judge Bench of this Court while placing
    reliance on the “closest and most intimate connection”

    test involved in English jurisprudence, held that seat
    of arbitration is juridical home of arbitration and
    where the agreement of the parties is clear, such
    designation must be given full effect. Even in cases of
    ambiguity, the seat is to be determined by identifying
    the place with the closest and most intimate connection
    to the arbitration.

    15. Another two-Judge Bench of this Court
    authoritatively expounded the concept of the “juridical
    seat” and held that the designation of a seat of

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    arbitration is akin to an exclusive jurisdiction clause.
    It was observed that the expression “subject-matter of
    arbitration” in Section 2(1)(e) of the Act is not to be
    confused with the subject-matter of the suit, but rather
    refers to the process of dispute resolution, thereby
    identifying the court which exercises supervisory
    jurisdiction over the arbitral proceedings. It was
    further held that once a seat is designated, it operates
    as the centre of gravity of the arbitration and vests
    exclusive jurisdiction in the courts of that place for all
    matters arising out of the arbitration, including
    challenges to the arbitral award. The designation of a
    seat, therefore, is not a matter of mere form, but
    carries with it significant legal consequences.

    16. The aforesaid principle has been affirmed by a
    three-Judge Bench of this Court and it has been held
    that the moment the seat is designated, it operates as
    an exclusive jurisdiction clause, irrespective of
    whether any part of the cause of action has arisen
    there. Arbitration law, in this respect, departs from the
    Code of Civil Procedure
    , permitting parties to choose a
    neutral seat which may have no connection with the
    underlying dispute, yet vests exclusive jurisdiction in the
    Courts of that place.

    17. A three-Judge Bench of this Court held that once the
    seat of arbitration is designated, such clause becomes
    the exclusive jurisdiction clause as a result of which
    only the courts where the seat is located would have
    jurisdiction to the exclusion of all other courts.
    Recently, another three-Judge Bench of this Court
    reaffirmed the principle that seat remains the judicial
    anchor, determining both the applicable law and the
    supervisory jurisdiction.

    18. Thus, the principles governing the distinction
    between the seat and venue of the arbitration, and the

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    jurisdictional consequences that follow, may be
    summarised as under:–

    (i) The seat of arbitration constitutes the juridical
    home or legal place of arbitration. It determines the
    curial law governing the arbitral process and
    identifies the Court having supervisory control over
    the arbitration.

    (ii) Once the seat is designated by agreement of the
    parties, the courts of that place alone have exclusive
    jurisdiction to entertain all proceedings arising out
    of the arbitration, including challenges to the
    award. The designation of the seat operates akin to
    an exclusive jurisdiction clause, excluding all other
    courts – even those where the cause of action may
    have arisen.

    (iii) The venue is merely a geographical location
    chosen for convenience for holding hearings,
    examination of witnesses, or meetings of the arbitral
    tribunal. It does not confer jurisdiction and does
    not, by itself, alter or determine the seat. The arbitral
    tribunal is free to conduct proceedings at locations
    different from the seat without affecting the
    juridical seat.

    (iv) The mere fact that arbitral proceedings are
    conducted or the award is rendered at a particular
    place does not confer jurisdiction on courts of that
    place if it is different from the designated seat. The
    seat remains fixed unless expressly altered by
    agreement of the parties.

    (v) Where the seat is not expressly designated, courts
    determine it by applying:

    (a) the closest and most intimate connection test,
    identifying the place most closely connected with

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    the arbitration (based on the Naviera Amazonica
    principle); and

    (b) in appropriate cases, construing the venue as
    the seat where the agreement and surrounding
    circumstances indicate such intention (as
    reflected in the Shashoua principle).

    (vi) The intention of the parties, as discerned from the
    arbitration agreement and surrounding
    circumstances, is the paramount factor in determining
    the seat. Once such intention is expressed either
    expressly or by necessary implication-it must be given
    full effect by Courts.”

    32. As can be seen from the above judgment, the Supreme Court has
    reiterated that the distinction between the ‘seat’ and the ‘venue’ of arbitration
    is well settled. While the seat constitutes the juridical home of the arbitration
    and determines the Court having exclusive jurisdiction, the venue is merely
    the geographical location where the arbitral proceedings are conducted for
    reasons of convenience. The mere conduct of hearings or the rendering of the
    award at a particular place does not confer jurisdiction upon the Courts of that
    place, nor does it alter the juridical seat of the arbitration.

    33. Coming to the facts, the Court has also examined the matter from the
    point of view of the other tests that are usually applied in such cases, such as
    the closest connection test and the forum non conveniens test. Even upon
    applying these two tests, this Court is convinced that the seat of the arbitration
    would be Jalandhar. The reasons for the same are not far to seek and are set
    out below:

    (i) Location of the Project: The project is located at Jalandhar.

    (ii) Jurisdiction Clause in the Agreements: Both the SB Agreement

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    and Conveyance Deed stipulate that only the Courts at Jalandhar and
    the Punjab and Haryana High Court would have jurisdiction.

    (iii) Intention of the Parties: In fact, the SB Agreement, which
    preceded the Conveyance Deed, also stipulates that the Courts at
    Jalandhar alone shall have jurisdiction. Clause 51 of the SB Agreement,
    however, clarifies that the arbitral proceedings could be held at an
    appropriate location in Delhi.

    (iv) Closest Connection with Jalandhar: The petition under Section
    11
    of the Act was filed before the Punjab and Haryana High Court. The
    Respondent has also filed the petition under Section 34 of the Act at
    Jalandhar. Thus, the Courts at Jalandhar are most closely connected
    with the entire dispute. Delhi was merely a venue of convenience for
    the parties and the ld. Arbitrator.

    34. Accordingly, in the facts of the present case, there can be no manner of
    doubt that the seat of arbitration is Jalandhar and that the Punjab and
    Haryana High Court would have jurisdiction in respect of the arbitral
    proceedings.

    35. Under these circumstances, the impugned judgment of the ld. Single
    Judge cannot be faulted with and does not warrant any interference.

    36. The present appeal is dismissed.

    PRATHIBA M. SINGH
    JUDGE

    VIKAS MAHAJAN
    JUDGE
    JULY 27, 2026/dss/sm

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