Apex Laboratories Pvt Ltd, Rep.By Its Authorized Signatory Mr.N.Krishnan, v. M/S Panopharm, Repd. By Its Partner Mr.Ravindranath,

IN THE HIGH COURT OF JUDICATURE AT MADRAS

Dated : 24.03.2021

CORAM

THE HONOURABLE Ms. JUSTICE P.T. ASHA Apex Laboratories Private Limited Rep. by its Authorized Signatory Mr.N.Krishnan SIDCO Garment Complex, III Floor Guindy, Chennai - 600032 ... Petitioner Vs.

M/s.Panopharm Repd. By its Partner Mr.Ravindranath GALA 1 to 4, Building 1-3, Ground Floor, Shree Arihand Compound, Village Koper, Bhiwandi Muncipal Corporation (Thane Zone -5) Maharashtra - 421302 ... Respondent Prayer: The Petition is filed under Section 11 (5) of the Arbitration and Conciliation Act, 1996, to appoint a sole arbitrator to constitute the arbitral tribunal to resolve the disputes that have arisen between the petitioner and the respondent.

For Petitioner :

Ms.R.S.Pornima 1/4

for Ms.Preeti Mohan For Respondent :

Ms.E.N.Hareepriya for Mr.Thriyambak J. Kannan

ORDER

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

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

i) Mr.S.Venkatesan, Advocate, No.24, 3rd Avenue, Indira Nagar, Adyar, Chennai - 600020, Mob:9841041367, 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. 2/4

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 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.

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

24.03.2021 Internet : Yes/No Index :Yes/No Speaking / Non-Speaking kan 3/4

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