Knk Ship Management v. Lakssh Enterprises
Case brief
What is this about?
Bombay High Court, Commercial Arbitration Application No. 203 of 2024, KNK Ship Management v. Lakssh Enterprises, Section 11 Arbitration and Conciliation Act 1996, appointment of sole arbitrator, Hormaz C. Daruwalla Senior Advocate, Clause 34 arbitration agreement, agreement dated November 12 2021, invocation letter September 20 2023, seat and venue Mumbai, online arbitration proceedings, costs borne equally, disclosure under Section 11(8) read with Section 12(1), Somasekhar Sundaresan J., January 10 2025, application disposed.
What did the court decide?
Appointment of Mr. Hormaz C. Daruwalla, Senior Advocate, as Sole Arbitrator; Applicant's Advocates to communicate the Order to the Arbitrator within one week and provide parties' contact particulars; statutory Statement of Disclosure under Section 11(8) read with Section 12(1) to be filed in the Registry and furnished to the Respondent; parties to appear before the Arbitrator for directions; arbitral costs and fees borne equally in the first instance subject to final award; venue and seat of arbitration at Mumbai, with liberty to conduct proceedings online through electronic mode.