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High Court of DelhiARB.P./167/2017

M/S Goc Fashions Pvt. Ltd. v. M/S Karmic Engineering Ltd. & ANR.

2017-04-13Hon'Ble Mr. Justice Vibhu Bakhru2 pages

$~5 *

IN THE HIGH COURT OF DELHI AT NEW DELHI

+ ARB.P. 167/2017 M/S GOC FASHIONS PVT. LTD.

..... Petitioner Through Mr Vishal Tiwari, Advocate.

versus M/S KARMIC ENGINEERING LTD. & ANR.

..... Respondents Through Mr Jai Gupta, Mr Shashi Ranjan Kumar Singh, Advocates.

CORAM:

HON'BLE MR. JUSTICE VIBHU BAKHRU

O R D E R

% 13.04.2017 1.

The petitioner has filed the present petition under Section 11 of the Arbitration and Conciliation Act, 1996 (hereafter 'the Act'), inter alia, praying that an arbitrator be appointed in connection with the disputes that have arisen out of Agreement Lease Deed dated 16.07.2012. The said deed contains an arbitration clause which reads as under:- "7. Arbitration In case of any dispute, the same shall be settled through an arbitration process and one arbitrator shall be appointed for the purpose with mutual consent of both the parties." 2.

The learned counsel for the respondent does not dispute the existence of the arbitration clause and states that an arbitrator is required to be appointed. Accordingly, with the consent of the parties, it is directed that an Arbitrator be appointed under the Rules of the Delhi International Arbitration Centre (DIAC). The representatives of the parties shall appear ARB.P. 167/2017

before the Co-ordinator, DIAC on 13.05.2017 at 11:00 AM. The arbitration shall be conducted under the aegis of DIAC and in accordance with its Rules.

3.

The petition is disposed of.

VIBHU BAKHRU, J APRIL 13, 2017 pkv ARB.P. 167/2017