M/S. Nitesh Asset Holdings v. Smt.B.R.Mythrai Setty
Arbitration and Conciliation Act, 1996 – Sections 11(5) and 11(6) – Appointment of arbitrator
Case brief
What is this about?
Karnataka HC, CMP No. 548 of 2024, decided 16.03.2026 by E.S. Indiresh J: Section 11(5)/11(6) Arbitration and Conciliation Act 1996 petition allowed; appointment of Hon'ble Justice Srinivas Harishkumar (Former Judge) as Sole Arbitrator at Arbitration and Conciliation Centre, Khanija Bhavan, Bengaluru; disputes under Clause 21 of Joint Development Agreement dated 15.08.2018; parties Nitesh Asset Holdings v. Mythrai Setty, Ravindra Setty, Nitesh Infrastructure and Constructions, Nitesh Health Care Pvt Ltd (now Velcrum Systems and Digital Private Ltd); claims kept open; appearance fixed 10.04.2026 at 11.00 a.m.
What did the court decide?
Petition under Sections 11(5) and 11(6) of the Arbitration and Conciliation Act, 1996 allowed; Hon'ble Justice Srinivas Harishkumar, Former Judge of the High Court of Karnataka, appointed Sole Arbitrator at the Arbitration and Conciliation Centre, Bengaluru, per the Rules of that Centre; all claims and contentions kept open for the Arbitral Tribunal; parties directed to appear before the Centre on 10.04.2026 at 11.00 a.m. without waiting for further notice; Registry directed to return original documents after obtaining Photostat copies; order thereafter records 'CMP is disposed off'. Costs of proceedings, though prayed for, are not stated as granted.