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High Court for State of TelanganaARBAPPL/86/2014disposed of no costs

M/S. Pennar Engineered Building Systems Limited v. M/S. East Coast Imports And Exports

2016-04-13Dilip B. Bhosale2 pages

HON'BLE THE ACTING CHIEF JUSTICE DILIP B. BHOSALE ARBITRATION APPLICATION No. 86 OF 2014 Date: 13-04-2016 Between:

M/s. Pennar Engineered Building Systems Limited, Rep., by its Authorized Signatory, Hyderabad.

... Petitioner And M/s. East Coast Imports & Exports, Rep., by its Partners, Kakinada.

... Respondent HON'BLE THE ACTING CHIEF JUSTICE DILIP B. BHOSALE ARBITRATION APPLICATION No. 86 OF 2014 PC: (per the Hon'ble the Acting Chief Justice Dilip B. Bhosale)

Learned counsel for both the parties have agreed to the appointment of Sri N. Ganesh Babu, a retired District Judge as sole Arbitrator. Hence, all disputes between the parties are referred to the sole Arbitrator, Sri N.Ganesh Babu. Learned Arbitrator shall fix his remuneration upon deliberation and consultation with the parties. The costs and expenses of the secretarial assistance of the arbitration proceedings shall also be determined by the learned Arbitrator. Each party will bear the expenses of the arbitration proceedings in all respects in equal share. The learned Arbitrator shall endeavour to complete the arbitration proceedings by making publication of Award within a period of six months from the date of entering upon the reference and in any case within the time stipulated under the Arbitration and Conciliation Act, 1996. The Arbitrator shall as far as possible hold arbitral proceedings at the arbitration centre in the High Court premises, 'C' Block. The arbitration application is accordingly disposed of. _______________________ DILIP B. BHOSALE, ACJ Date: 13.04.2016 ES