The High Court of Delhi disposed of this petition by appointing the Delhi International Arbitration Centre (DIAC) to select a sole arbitrator to adjudicate disputes arising between the petitioner and respondent based on their 2015 and 2016 agreements.
Petition disposed by referring parties to DIAC to appoint a sole arbitrator.
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DR. B.S. GABA ..... Petitioner
Through Mr. Ratan K. Singh and Mr.Aishwary Kumar Tiwari, Advocates
versus
M/S KARE PARTNERS GROUP INDIA PRIVATE LIMITED
..... Respondent Through Mr. Joseph Pookkatt and Ms. Navodaya Singh Rajpurohit, Advocates
CORAM: HON'BLE MR. JUSTICE NAVIN CHAWLA
O R D E R % 02.11.2017
The disputes between the parties have arisen out of the Lease Deed and the Revenue Sharing Agreement both dated 17.06.2015 and also the Settlement Agreement dated 02.10.2016. The present petition has been filed by the petitioner seeking appointment of a Sole Arbitrator for adjudication of these disputes.
Learned counsel for the respondent has no objection to the same.
With the consent of the parties, the parties are referred to the Delhi International Arbitration Centre (‘DIAC’), who may appoint a Sole Arbitrator for adjudication of the disputes i.e. the claims and counter-claims of the respective parties. The arbitration proceedings and the fee shall be in accordance with the Rules of DIAC.
The parties are directed to appear before the DIAC on 20th November, 2017 at 2:00 p.m.
The petition stands disposed of in above terms.
NAVIN CHAWLA, J
NOVEMBER 02, 2017 nn
1 issue framed by the court
Whether to appoint a sole arbitrator to adjudicate disputes arising from lease, revenue sharing, and settlement agreements.
Dr. B.S. Gaba
M/S Kare Partners Group India Private Limited
Navin Chawla
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
