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High Court of DelhiARB.P./476/2016

M.S. Choudhary And Sons (Huf) Through Its Karta M.S. Choudhary & ORS. v. Kotak Mahindra Bank Ltd.

2016-12-21Hon'Ble Dr. Justice S.Muralidhar1 pages

$~ * IN THE HIGH COURT OF DELHI AT NEW DELHI 3.

+ ARB.P. 476/2016 M.S. CHOUDHARY AND SONS (HUF) THROUGH ITS KARTA M.S. CHOUDHARY & ORS.

..... Petitioner Through: Mr. Arun Batta, Advocate.

versus KOTAK MAHINDRA BANK LTD.

..... Respondent Through: Ms. Zeba Khair, Advocate.

CORAM: JUSTICE S. MURALIDHAR

O R D E R

% 21.12.2016

1. It is stated that the meditation has failed.

2. Learned counsel for the parties have been heard.

3. The Court accordingly appoints Dr. T.R. Naval, a former Additional District Judge, Delhi (Mob. No. 9910384662) as sole Arbitrator to adjudicate the disputes between the parties including their claims and counter-claims. The arbitration shall take place under the aegis of the Delhi International Arbitration Centre („DAC‟). The fees of the learned Arbitrator will be in terms of the Delhi High Court Arbitration Centre (Arbitrators‟ Fees) Rules.

4. The petition is disposed of. A copy of this order be communicated to the learned Arbitrator as well as Additional Coordinator, DAC forthwith. S. MURALIDHAR, J DECEMBER 21, 2016/dn