Nayak Infrastructure Private Limited v. Ircon International Limited

$~3 * IN THE HIGH COURT OF DELHI AT NEW DELHI + ARB.P. 521/2018 NAYAK INFRASTRUCTURE PRIVATE LIMITED..... Petitioner Through:

Mr. Sanjeev Kumar Sharma, Adv.

Versus

IRCON INTERNATIONAL LIMITED ..... Respondent Through:

Mr. Mohit Chaudhary with Ms.

Srishti Gupta, Advs. along with Mr.

Surinder Singh, Chief General Manager, IRCON Intl. Ltd.

CORAM:

HON'BLE MR. JUSTICE RAJIV SHAKDHER

O R D E R

% 15.10.2018 1.

This is petition filed under Section 11 of the Arbitration and Conciliation Act, 1996 (in short "1996 Act"). 2.

The record shows that the petitioner has appointed its nominee arbitrator, one, Mr. Anil Kumar Sachan, Executive Director (retired), ONGC.

3.

Mr. Chaudhary, who, appears for the respondent has indicated that so far as the respondent is concerned, its nominee arbitrator would be one, Mr. Narender Kumar, (retired) CE/NR/IRSE.

4.

Counsel for both the parties agree that Mr. V.B. Gupta, former Judge of this Court (Mob. No.9871300039) can act as the presiding arbitrator. 5.

In view of the aforesaid, the petition is disposed of with a direction that the arbitral tribunal will comprise of the above named persons. ARB.P. 521/2018 Pg.1 of 2

6.

Counsel for the parties also agree that the arbitral tribunal will be paid fee as per the Schedule-IV appended to the 1996 Act. 7.

Registry will despatch copies of this order to the learned Arbitrators. RAJIV SHAKDHER, J OCTOBER 15, 2018/pmc ARB.P. 521/2018 Pg.2 of 2