Iqbal Aboobakar Parekh v. Jpb Developers And 2 ORS

Nitin 1 / 2 987-ARBAP-313-2015

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION ARBITRATION APPLICATION NO. 313 OF 2015 Mr. Iqbal Aboobakar Parekh ...

Applicant

Versus

J.P.B. Developers LLP and Ors.

...

Respondents Mr. Rishabh Jogani i/b. DSK Legal for the Applicant. Mr. Simil Purohit i/b. Legasis Partners for the Respondents. CORAM : S.J. KATHAWALLA, J.

DATED : 29 TH JANUARY, 2016 P.C. :

1.

On 22 nd January, 2016 this Court passed the following order : "1. By consent of the parties, the disputes in the above Arbitration Application are proposed to be referred to Mr. Rajiv Kumar, Senior Advocate. In view thereof, Mr. Rajiv Kumar, shall submit disclosure under Section 11(8) read with Section 12(1) of Arbitration and Conciliation Act, 1996.

2.

The Advocates for the parties shall forward a copy of this order to Mr. Rajiv Kumar.

3. All concerned to act on an ordinary copy of this order duly authenticated by the learned Associate of this Court.

4. Stand over to 29-01-2016."

2.

Pursuant to the above order, Mr. Rajiv Kumar, Senior Advocate has filed disclosure under Section 11(8) read with Section 12(1) of the Arbitration and Conciliation Act, 1996. The same is taken on record and the following order is passed by consent :

i.

The disputes arising out of the LLP Agreement dated 1 st June, 2010

Nitin 2 / 2 987-ARBAP-313-2015 between the parties are referred to the sole Arbitration of Mr. Rajiv Kumar, Senior Advocate.

ii.

The parties shall appear before the learned Arbitrator in his chambers, on rd February, 2016 at 5.00 p.m. and obtain necessary directions. iii.

The cost of arbitration shall initially be borne by the parties equally. iv.

All contentions of the parties are kept open. v.

The venue of Arbitration shall be at Mumbai.

3.

In view of this order, the above Arbitration Application is disposed of. ( S.J.KATHAWALLA, J. )