Loyal Textile Mills Ltd (Unit - Valli Textile Mills) Rep By Its Senior Vice President (Operations) v. Saheli Exports Pvt.Ltd, Rep By Its Director Mr.Poornachandra Reddy,

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED : 04.08.2020 CORAM :

THE HONOURABLE MR.JUSTICE N.SATHISH KUMAR Original Petition No.302 of 2020 M/s.Loyal Textile Mills Ltd., (Unit : Valli Textile Mills), rep. by its Senior Vice President (operations) Mr.M.E.Manivannan No.21/4, Mill Street, Kovilpatti - 628 501.

Tamil Nadu.

Also at No.83, 1st Main Road, R.A.Puram, Chennai-600 028.

... Petitioner versus Saheli Exports Pvt. Ltd., rep. by its Director Mr.Poornachandra Reddy, New No.25, Old No.10, Sri Madhavan Nair Road, Mahalingapuram, Nungambakkam, Chennai-600 034.

... Respondent 1/5

PRAYER: Original Petition has been filed under Section 11 (6) of Arbitration and Conciliation Act, 1996 to appoint an arbitrator. For Petitioner : Mr.Vishnu Mohan For Respondent : Mr.Abraham Vishal Jacob

O R D E R

This Original Petition has been filed by the applicant for appointment of an independent Sole Arbitrator to adjudicate upon the differences and disputes between the parties arising out of and pursuant to the Power Supply Agreement dated 02.03.2018.

2. Heard the learned counsel for the petitioners and the respondents through video conferencing.

3. Having both sides agreed to appoint independent Sole Arbitrator, and having regard to the Agreement dated 02.03.2018 entered into between the parties, it is ordered as follows :

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i) Honourable Ms.

Justice CHITRA VENKATARAMAN, Judge (Retired) High Court, New No.31, Old No.17-B, IV Main Road, Raja Annamalaipuram, Chennai-600 028 Contact No.98409 90000 is appointed as the Arbitrator to enter upon reference and adjudicate the disputes inter se the parties.

ii) The learned 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 receipt of the order. iii) The learned Arbitrator is at liberty to fix his remuneration and other incidental expenses and the same shall be equally borne by the parties.

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. 3/5

4. The Original Petition is, accordingly, disposed of, leaving the parties to bear their own costs.

04.08.2020 rpp 4/5

N.SATHISH KUMAR, J.

rpp Original Petition No.302 of 2020 04.08.2020 5/5