This order appoints Mr. Gurdeep Kumar as the sole arbitrator despite prior deferral to elicit disclosure under Section 12. The court sets a fee cap of 3 lakhs as a maximum.
Appointment of Mr. Gurdeep Kumar as Sole Arbitrator with a fee cap of 3,00,000/-.
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ALPIERS TECHNOLOGIES LTD. ..... Petitioner Through: Ms Sudershani Ray, Advocate. versus TRANSLINE TECHNOLOGIES PVT. LTD. ..... Respondent Through: Mr Anup Kumar Kesari, proxy counsel for Mr Amit Kumar Singh, Advocates.
CORAM:
HON'BLE MR. JUSTICE VIBHU BAKHRU O R D E R % 01.12.2016
By an order dated 04.10.2016, it was proposed to appoint Mr Gurdeep Kumar, D & SJ (Retired) as the Sole Arbitrator. However, the appointment was deferred to elicit the necessary disclosure under Section 12 of the Arbitration and Conciliation Act, 1996. The Arbitrator has since made the required disclosure; the parties have no objection to the same.
Accordingly, Mr Gurdeep Kumar, D & SJ (Retired) is appointed as a Sole Arbitrator to adjudicate the disputes between the parties. The Arbitrator shall fix his fees with consultation of the parties. However, the same shall be subject to a maximum of `3,00,000/-. The parties are at liberty to approach the Arbitrator for fixing the schedule of hearings.
The petition is disposed of.
VIBHU BAKHRU, J
DECEMBER 01, 2016 RK
1 provisions across 1 enactments
Alpiers Technologies Ltd.
Transline Technologies Pvt. Ltd.
Vibhu Bakhu
As recorded by the court registry
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