← Library
High Court of Punjab and HaryanaARB/173/2015disposed of

M/S Malhotra Land Developers And Colonizers Pvt Ltd Thr G.M. Deepak Kumar v. M/S Big Investment Advisory Ltd And ANR

2016-02-26Mr. Justice M.M. Aggarwal1 pages

I N THE HI GH COURT OF PUNJAB AND HARYANA AT CHANDI GARH ARB- 173- 2015 ( O&M) Dat e of deci si on: - 26. 02. 2016 M/ s Mal hot r a Land Devel oper s and Col oni zer s ( Pvt . ) Lt d. . . . Pet i t i oner Ver sus M/ s Bi g I nvest ment Advi sor y Lt d. and anot her . . . Respondent s CORAM: HON' BLE MR. JUSTI CE S. J. VAZI FDAR, ACTI NG CHI EF JUSTI CE Pr esent : - Mr . Aj ai vi r Si ngh, Advocat e, f or t he pet i t i oner .

* * * * S. J. VAZI FDAR, A. C. J. ( ORAL) Thi s i s a pet i t i on under Sect i on of t he Ar bi t r at i on and Conci l i at i on Act , 1996 f or t he appoi nt ment of an ar bi t r at or .

2.

The par t i es had ent er ed i nt o a const r uct i on cont r act . Cl ause 29 t her eof cont ai ns an ar bi t r at i on agr eement . The cl ause i n f act pr ovi des t hat t he ar bi t r at or i s t o be appoi nt ed by t he pet i t i oner . I n any event , even i f t he r espondent s wer e ent i t l ed t o appoi nt t he ar bi t r at or , t hey must be deemed t o have f or f ei t ed t he r i ght as t her e has been no r esponse t o t he pet i t i oner ' s not i ce dat ed 01. 07. 2015 i nvoki ng t he ar bi t r at i on cl ause and no ar bi t r at or has been appoi nt ed by t he r espondent s t o dat e.

3.

The pet i t i on i s, t her ef or e, di sposed of by appoi nt i ng Mr . Just i ce V. K. Jhanj i , a f or mer Judge of t hi s Cour t , as t he sol e ar bi t r at or .

( S. J. VAZI FDAR) ACTI NG CHI EF JUSTI CE

26. 02. 2016 Amodh AMODH SHARMA 2016.02.27 12:09 I attest to the accuracy and authenticity of this document chandigarh