Gkb Hi-Tech Lenses Private Limited & Ors. v. Essilor India Private Limited & Ors.
Case brief
What is this about?
Modification applications under Section 151 CPC seeking changes to a prior order appointing an arbitrator. Court allowed inclusion of the Intra Group Dues Agreement dispute, corrected dispute value to Rs.80 crores, recorded that the Section 21 notice had been issued, deleted words limiting rights kept open, and appointed Justice (Retd.) U.U. Lalit as Sole Arbitrator.
What did the court decide?
Modifications granted: IG Dues Agreement included in arbitration, dispute value Rs.80 crores, Section 21 waiver removed, para 14 clarified, Justice (Retd.) U.U. Lalit appointed Sole Arbitrator.