M/S.Dugar Homes Pvt Ltd, Rep.By Its Director Mr.Lakshmaiah Deverajulu, v. Mrs. Vanasundari Ramaiah,

IN THE HIGH COURT OF JUDICATURE AT MADRAS

Dated : 01.04.2021

CORAM

THE HONOURABLE Ms. JUSTICE P.T. ASHA M/s.Dugar Homes Private Ltd., Rep by its Director Mr.Lakshmaiah Deverajulu SF No.39, Chinna Koladi, Thiruverkadu, Chennai - 600 077 ... Petitioner Vs.

1.Vanasundari Ramaiah 2.SAngeetha Shyam Kumar 3.Saritha Vivek Anand 4.Bavitha Prem Kumar 5.Shyam Kumar 6.D.Balaji 7.Kavitha Balaji 1/5

8.N.Vivek Anand 9.B.Prem Kumar ... Respondents Prayer: The Petition is filed under Section 11 (5) of the Arbitration and Conciliation Act, 1996 to appoint an arbitrator and refer all the disputes arising out of Joint Venture Agreement dated 29.09.2018. For Petitioners :

Mr.K.Bashyam Chari For Respondents 1, 3, 4, 6 to 9 :

Mr.S.Sethuraman For Respondents 2 & 5 :

Mr.V.Karthikeyan

ORDER

The above original petition is filed to appoint an arbitrator and refer all the disputes arising out of Joint Venture Agreement dated 29.09.2018.

2. The learned counsel for respondents have agreed to the arbitrator being appointed in the above matter. 2/5

3. Considering the above circumstances, this Court is passing the following order:

i) Mr.Murari.R, Advocate No.31, Masilamani Road, Balaji Nagar, Royapettah, Chennai - 600 014, Mob:9884826414, is appointed as an Arbitrator.

ii) The arbitrator may, after issuing notice to the parties and upon hearing them, pass an award as expeditiously as possible, preferably within a period of six months from the date of entering reference. It is open to the respondents to raise all legal objections as to the validity of contract.

iii) The arbitrator is at liberty to fix the remuneration and other incidental expenses as per law.

iv) The proceedings may be conducted at the Nani Palkhivala 3/5

Arbitration Centre, New D.No.22, Karpagambal Nagar, Mylapore, Chennai 600004. The Centre has been recognised as an Institution by orders of the Hon'ble Chief Justice dated 19.09.2005.

4. The Original Petition is ordered leaving the parties to bear their own costs. No costs.

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