Zion Promotoers &Developers Pvt. Ltd. v. Ferrous Infrastructure Pvt. Ltd.
Case brief
What is this about?
The Court held that the appointing authority forfeited its right to appoint an arbitrator upon the filing of the Section 11(6) petition. Consequently, the subsequent appointment made by the authority after the filing was invalid, and the Court appointed the retired Justice M.K. Sharma as the sole arbitrator.
What did the court decide?
Petition allowed; Justice M.K. Sharma (Retd.) appointed as sole arbitrator; Arbitration to proceed under Delhi International Arbitration Centre.