One97 Communication Limited v. Augmont Gold Private Limited

$~13 * IN THE HIGH COURT OF DELHI AT NEW DELHI + ARB.P. 303/2019 ONE97 COMMUNICATION LIMITED ..... Petitioner Through:

Mr. Joy Basu, Sr. Adv. with Mr. Niraj Singh, Mr. Kanak Bose and Ms. Rajshree Choudhary, Advs.

versus AUGMONT GOLD PRIVATE LIMITED ..... Respondent Through:

Mr. Saurav Kripal, Ms. Isha Jain, Mr. Pankaj Bhagat, Mr. Sadre Alam and Ms. Ishita Rawat, Advs.

CORAM:

HON'BLE MR. JUSTICE V. KAMESWAR RAO

O R D E R

% 17.01.2020 On the last date of hearing, I have heard the learned counsels for the parties at length.

Today, learned counsels appearing for the parties state, they have agreed that the matter be disposed of with the appointment of an Arbitrator. Learned counsels also state, they agree with the following:

1. The parties shall not be entitled to raise any allegations of fraud in their claim / counter-claim before the learned Arbitrator.

2. However all the defences of both the parties are kept open to be taken before the learned Arbitrator.

3. This order shall not prevent either of the parties from commencing / pursuing any criminal complaint / investigation.

The above statements are taken on record.

Further in view of the joint request of the counsel for the parties, this court appoints Justice Manmohan Singh, a retired Judge of this court as the Sole Arbitrator, who shall adjudicate the disputes / differences between the parties.

The appointment of the Justice Manmohan Singh shall be governed by the Arbitration and Conciliation Act, 1996. Parties shall appear before the learned Arbitrator after taking prior appointment on his mobile number being 9717495001. The petition stands disposed of.

V. KAMESWAR RAO, J JANUARY 17, 2020/jg