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Judgment
18 paragraphs · 366 wordsThis application has been moved seeking appointment of an Arbitrator invoking the powers of this Court under Section 11(6) of the Arbitration and Conciliation Act, 1996.
Petitioner has prayed for the following relief(s):-
There is no dispute about-(a) the legality, validity and binding effect of the agreement dated 12th of September, 2014 (Annexure-2) entered into between the parties to the lis;
(b) the existence of arbitration clause contained therein; (c) the existence of dispute(s) arising there from.
The dispute arises out of execution of Agreement dated 12th of September, 2014. The agreement contained an arbitration clause, whereby the parties agreed for reference of the dispute inter se the parties, arising out of the said agreement, for arbitration as per law.
There is no legal impediment in the adjudication of the dispute by the learned Arbitrator.
As such, Sri Radha Krishna, District & Sessions Judge (Retd.) is appointed as learned Arbitrator to adjudicate all disputes arising out of agreement dated 12th of September, 2014 entered into between the parties to the lis.
All pleas and issues raised, on merits, are left open to be considered and decided by the learned Arbitrator.
Learned Arbitrator shall be entitled to fee as per provision of the Arbitration Act.
Since the dispute arises out of an agreement of the year 2014, the hearing be expedited.
Parties undertake to fully cooperate and not take any unnecessary adjournment.
The proceedings, during the time of current Pandemic- Covid-19 shall be conducted through digital mode, unless the parties otherwise mutually agree to meet in person i.e. physical mode.
It is expected of the learned Arbitrator to decide the issues expeditiously.
Joint Registrar (List) is directed to communicate the order to the learned Arbitrator.
Learned counsel for the parties also undertake to communicate the order to the learned Arbitrator. In fact, they volunteered to appear before him, through digital mode on 21st of October, 2021 and apprise him of the passing of the order.
Parties shall file their statement of claims before the learned Arbitrator on such date of hearing which he may fix, as per mutual convenience.
The Request Petition stands disposed of in the above terms.
Interlocutory Application(s), if any, shall stand disposed of.
