Mixplosion Ventures LLP v. Shumita Periyasamy
Case brief
What is this about?
Section 11 Arbitration and Conciliation Act 1996; appointment of sole arbitrator; Shradha Achliya sole Arbitrator; Mixplosion Ventures LLP vs Shumita Periyasamy; Memorandum of Understanding dated 13 December 2024; existence of arbitration agreement objection kept open; Bombay High Court (Fee Payable to Arbitrators) Rules 2018; Section 11(8) Section 12(1) disclosure; consensual constitution of arbitral tribunal; Commercial Arbitration Application Bombay High Court 2026.
What did the court decide?
Application disposed of with directions: Ms. Shradha Achliya, Advocate, appointed sole Arbitrator for disputes arising out of the Memorandum of Understanding dated 13 December 2024; order to be communicated to the Arbitrator within one week; statutory Statement of Disclosure under Section 11(8) read with Section 12(1) to be forwarded within 2 weeks; arbitrator's fees as per the Bombay High Court (Fee Payable to Arbitrators) Rules, 2018, costs and fees borne equally by the parties subject to the final Award; all contentions including objection on existence of the arbitration agreement kept open.