Delhi High Court Dismisses Section 9 Appeal, Holds Mortgage is Adequate Security for Arbitration Claim

Case Snapshot

Case Name: M/s Axis Finance Ltd v. Rishab Mago & Ors.

Citation / Neutral Citation: CNR No. DLHC010271852026

High Court: High Court of Delhi

Bench: Hon'ble Mr. Justice Anil Kshetarpal and Hon'ble Mr. Justice Amit Mahajan

Date of Judgment: 1st September, 2026

Area of Law: Arbitration Law, Section 9 of Arbitration and Conciliation Act, 1996, SARFAESI Act, Mortgage

Judgment Headline

Section 9 relief denied where debt secured by mortgage and SARFAESI proceedings pending.

The Judgment in One Line

Delhi High Court dismisses appeal under Section 37, holding existence of mortgage and pending DRT proceedings adequate to secure outstanding amount.

Why This Judgment Matters

This judgment clarifies that the mere existence of a mortgage over property does not automatically satisfy the requirement of securing the amount in dispute under Section 9. However, where the secured c

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