Arti Interiors v. Eros City Developers Pvt Ltd

$~4 *

IN THE HIGH COURT OF DELHI AT NEW DELHI

+ ARB.P. 421/2015 ARTI INTERIORS ..... Petitioner Through Mr.Shazeb, Adv.

versus EROS CITY DEVELOPERS PVT LTD ..... Respondent Through Ms.Priyadeep, Adv.

CORAM:

HON'BLE MR. JUSTICE MANMOHAN SINGH

O R D E R

% 17.03.2016 The present petition has been filed by the petitioner under Section 11(5) and (6) of the Arbitration and Conciliation Act, 1996 for appointment of an Arbitrator.

Counsel appearing on behalf of the respondent states that the respondent has no objection if the prayer made in the petition be allowed. Heard. 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 Delhi International Arbitration Centre (Administrative Cost Arbitrator's Fees) Rules. 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.

MARCH 17, 2016/jk