Xj Elevators India Pvt. Ltd v. Subhash Buildtech

$~10 *

IN THE HIGH COURT OF DELHI AT NEW DELHI

+ ARB.P. 256/2016 XJ ELEVATORS INDIA PVT. LTD ..... Petitioner Through Mr.Amiaque Khalid, Adv .with Ms.Parika Gupta, Adv.

versus SUBHASH BUILDTECH ..... Respondent Through Mr.Parvinder Chauhan, Adv. with Mr.Nitin Jain, Adv.

CORAM:

HON'BLE MR. JUSTICE MANMOHAN SINGH

O R D E R

% 30.08.2016 Learned counsel for the respondent undertakes to file the Vakalatnama within one week from today. He submits that he has taken instruction from the Director of the respondent Company who has no objection if the prayer made in the present petition is allowed and Arbitrator be appointed.

With the consent of the parties, the prayer made in the petition is allowed.

As agreed, the matter is referred to the Delhi International Arbitration Centre ('DAC') who will appoint an Arbitrator in accordance with the provisions of the Act. The Arbitrator to adjudicate the disputes arising out of the agreement in question between the parties as mentioned in the present petition. The parties are also allowed to file their respective claims and counter-claims before the Arbitrator. The arbitration shall take place under the aegis of DAC. The Arbitrator shall ensure the compliance of the provisions of Arbitration and

Conciliation (Amendment) Act, 2015 before commencing the arbitration. The fees of the learned Arbitrator shall be in terms of the schedule of the amended Act.

The petition is accordingly disposed of.

Copy of this order be given dasti to the learned counsel for the parties and a copy thereof be delivered to the Additional Coordinator, DAC forthwith.

MANMOHAN SINGH, J.

AUGUST 30, 2016/vp