Mr. Ashish Chintaman Nerlekar v. Decon India Plastics Private Limited

ssp 948 arp 88 of 2018.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

CIVIL APPELLATE JURISDICTION ARBITRATION PETITION NO.88 OF 2018 Ashish Chintaman Nerlekar ...

Petitioner versus Decon India Plastics Pvt. Ltd.

...

Respondent Mr. H.P.Vyas, for Petitioner.

Ms. Upasana Vasu I/by M/s. Wadia Ghandy and Co., for Respondent. CORAM: S.J. KATHAWALLA, J.

DATE: 11th JANUARY, 2019 P.C.:

1.

Heard the learned Advocates appearing for the parties and the following order is passed by consent :

(i) Mr. Justice S.R.Sathe, Former Judge of this Court, is appointed as the sole Arbitrator to decide the disputes between the parties arising out of the Agreement dated 1st July, 2011.

(ii) The learned Arbitrator shall file his disclosure under Section 11 (8) read with Section 12 (1) of the Arbitration and Conciliation Act, 1996 as amended by the Arbitration and Conciliation (Amendment) Act, 2015 (3 of 2016) within a period of one week from today.

(iii) The parties and/or their Advocates shall appear before the learned Arbitrator in his chambers, on the date mutually fixed by them with the learned 1/2

ssp 948 arp 88 of 2018.doc Arbitrator and obtain necessary directions.

(iv) The learned Arbitrator shall endeavour to pass his final Award within a period of six months from the date of this order. (v) The learned Arbitrator shall not grant adjournments to the parties unless absolutely necessary.

(vi) All contentions of the parties are kept open. (vii) The cost of arbitration shall initially be borne by the parties equally. (viii) The venue of Arbitration shall be at Pune. (ix) In view of this order, the above Arbitration Petition is disposed of. ( S.J.KATHAWALLA, J. ) 2/2