M/S.Nsk Bearings India Pvt Ltd, v. Mr.Vinay Lodha, (Proprietor, M/S. Prem Estates, Vinay Lodha Huf-Pan No.Aajhv9163q)

IN THE HIGH COURT OF JUDICATURE AT MADRAS

Dated : 19.02.2021

CORAM

THE HONOURABLE Ms. JUSTICE P.T. ASHA M/s.NSK Bearings India Private Limited, A company incorporated under the Companies Act, 1956, bearing CIN U29130TN2007PTC064307 and having its Registered Office at TVH Beliciaa Towers, 2nd Floor, Block I, No.71/1, MRC Nagar Main Road, MRC Nagar, Chennai 600 028 ... Petitioner Vs.

Mr.Vinay Lodha ... Respondent Prayer: Petition filed under Section 11 (5) of the Arbitration and Conciliation Act, 1996, to appoint a sole arbitrator to hear and decide the disputes that have arisen between the petitioner and the respondent under the agreement dated 09.05.2019.

For Petitioner :

Mr.Chandramouli Prabhakar For Respondent :

Mrs.Abitha Banu 1/4

ORDER

The learned counsel for the respondent has no objection to an arbitrator being appointed in the matter.

2. In the light of the above circumstances, this Court is passing the following order:

i) Mr.T.Mohandoss, District Judge (Retd.), No.5/3, Solaiamman Kovil Street, Purasavakkam, Chennai 600 007, 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 respondent 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.

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iv) The proceedings may be conducted under the aegis of the Madras High Court Arbitration Centre and in accordance with the Madras High Court Arbitration Rules.

3. The Original Petition is, accordingly, ordered, leaving the parties to bear their own costs. No costs.

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