The Capital Limited v. Horizon Vetures
Case brief
What is this about?
Madras High Court, Arb.O.P. (Com.Div.) No. 153 of 2026, decided 10.06.2026 by K.Kumaresh Babu J. Section 11(6) petition by Tata Capital Limited against Horizon Ventures, Horizon Mining, Dhanaraj Bharathi Narasimha and Ethin Raj seeking appointment of a sole arbitrator under a Master Lease Agreement dated 02.04.2024 containing Clause 21.4 arbitration agreement. Section 21 notice issued by petitioner drew no reply; respondents were served but did not appear. Court appointed Mr.P.Valliappan, Senior Advocate as Sole Arbitrator, fees per Schedule-IV to the Arbitration and Conciliation Act, 1996; petition allowed.
What did the court decide?
Appointment of Mr.P.Valliappan, Senior Advocate as Sole Arbitrator to enter upon and adjudicate the dispute between the petitioner and the respondents under the Master Lease Agreement dated 02.04.2024; the Sole Arbitrator to fix his fees as per Schedule-IV to the Act.