Dhiraj Kumar Ailani v. Monarch Universal Lifescapes Pvt. Ltd.
Case brief
What is this about?
Section 11(2) Arbitration and Conciliation Act 1996; appointment of sole arbitrator by consent; arbitration clause in Deed of Reconstitution dated 24.11.2014 between partners; Respondents did not dispute clause; G.A. Sanap, Retired Judge, appointed Sole Arbitrator; Statement of Disclosure under Section 11(8) r/w Section 12(1); fees per Bombay High Court (Fee Payable to Arbitrators) Rules, 2018 borne equally; all merits issues kept open; OOCJ Bombay; Bharati Dangre, J.; Dhiraj Kumar Ailani (Applicant) v. Monarch Universal Lifescapes Pvt. Ltd. & Anr. (Respondents).
What did the court decide?
Appointment of Mr. G.A. Sanap, Retired Judge of this Court, as Sole Arbitrator; statutory Statement of Disclosure under Section 11(8) read with Section 12(1) of the Act to be forwarded to the parties within two weeks; arbitrator entitled to fees prescribed under the Bombay High Court (Fee Payable to Arbitrators) Rules, 2018, arbitral costs and fees borne by the parties equally and subject to the final Award; parties to appear before the Sole Arbitrator as directed.