M/S Dsr Infra Private Limited, v. M/S Cybercity Builders And Developers Pvt. Ltd.

HON'BLE THE ACTING CHIEF JUSTICE DILIP B. BHOSALE ARBITRATION APPLICATION No. 43 OF 2015 Date: 18-09-2015 Between:

M/s. DSR Infra Private Limited, Rep., by its Managing Director, Hyderabad.

... Applicant And M/s. Cybercity Builders & Developers Pvt., Ltd., Rep., by its Managing Director, Hyderabad.

... Respondent HON'BLE THE ACTING CHIEF JUSTICE DILIP B. BHOSALE ARBITRATION APPLICATION No. 43 OF 2015 PC: (per the Hon'ble the Acting Chief Justice Dilip B. Bhosale)

At the joint request of learned counsel for the parties, Sri Justice T.Ch. Surya Rao, retired Judge of this Court, is appointed as sole arbitrator and all disputes between the parties are referred to him.

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. I desire that learned Arbitrator shall complete the arbitration proceedings by making publication of award within a period of six months from the date of entering upon reference.

Learned Arbitrator shall hold sittings as far as possible in the mediation/arbitration centre to be set up in the High Court at Hyderabad, which is likely to commence before the ensuing Dussehra vacation. The arbitration application is accordingly disposed of. _______________________ DILIP B. BHOSALE, ACJ Date: 18.09.2015 ES