Fragrance Finance and Investment Pvt. Ltd. v. Laxmi Buildtech Pvt. Ltd.
Case brief
What is this about?
In this Section 11 petition under the Arbitration and Conciliation Act, 1996, the court terminated an arbitrator who had entered reference without proper appointment by the Delhi International Arbitration Centre. The petitioner was permitted to approach DIAC for a valid appointment. The court ordered that the costs of the earlier arbitrator's fees should not be borne by the respondent.
What did the court decide?
Arbitrator's mandate terminated; Petitioner permitted to approach DIAC for appointment of Arbitrator in accordance with its Rules. Respondent not liable for earlier arbitrator fees.