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High Court of DelhiARB.P./802/2019

Great India Nautanki Company Pvt Limited v. Pvr Limited

2020-02-11Hon'Ble Ms. Justice Rekha Palli2 pages

$~40 * IN THE HIGH COURT OF DELHI AT NEW DELHI + ARB.P. 802/2019 GREAT INDIA NAUTANKI COMPANY PVT LIMITED ..... Petitioner Through:

Mr.Uttam Datt with Ms.Sonakshi Singh, Mr.Rajat Sharma, Advs. along with Ms.Varsha Maniyar, AR.

versus PVR LIMITED ..... Respondent Through:

Mr.Tanuj Khurana with Mr.Abhishek Sharma, Advs.

CORAM:

HON'BLE MS. JUSTICE REKHA PALLI

O R D E R

% 11.02.2020 1.

The present petition under Section 11(6) Arbitration and Conciliation Act, 1996 seeks appointment of an Arbitrator to adjudicate the disputes and differences which have arisen between the parties in relation to the 'Memorandum of Understanding' dated 07.12.2017.

2.

Learned counsel for the petitioner submits that in view of clause 16 of the aforesaid Memorandum of Understanding(MoU), the present disputes are required to be referred to arbitration. He, therefore, prays that an independent Arbitrator be appointed by this Court.

3.

Learned counsel for the respondent fairly does not oppose the

present petition.

4.

In the light of the stand taken by the parties and the arbitral clause 16 of the MoU dated 07.12.2017, the petition is allowed. Ms.Manisha Singh, Advocate (Mob No.9811941496) is appointed as the sole Arbitrator to adjudicate the disputes and differences which have arisen between the parties.

5.

The arbitration shall be conducted under the aegis of Delhi International Arbitration Centre (in short 'DIAC'). The fees of the learned arbitrator shall be in accordance with the Schedule of fees prescribed under the Delhi High Court Arbitration Centre (Administrative Costs and Arbitrators' Fees) Rules. 6.

Before commencing arbitration proceedings, the Arbitrator shall ensure compliance of Section 12 of the Arbitration and Conciliation Act, 1996.

7.

A copy of this order be sent to the DIAC as also to the learned Arbitrator.

8.

The petition is disposed of in the aforesaid terms. REKHA PALLI, J FEBRUARY 11, 2020 gm