Aditya Birla Finance Limited v. Rhj Tubes Pvt. Ltd.

Digitally signed by MUGDHA MANOJ PARANJAPE Date:

2024.10.05 10:03:34 +0530 MUGDHA MANOJ PARANJAPE 1 904-CARBP 304-24.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION IN ITS COMMERCIAL DIVISION COMMERCIAL ARBITRATION PETITION NO.304 OF 2024 Aditya Birla Finance Limited ... Petitioner V/s.

RHJ Tubes Pvt. Ltd. & Ors.

... Respondents ----- Mr. Vishal Maheshwari a/w Mihir Beradia i/by VM Legal for the Petitioner. Mr. Charles De'Souza i/by Minakshi Mishra & Devdatta Dalvi for the Respondents.

----- CORAM :

ARIF S. DOCTOR, J.

DATE :

3RD OCTOBER 2024 P.C. :

1.

This is a Petition filed under Section 9 of the Arbitration & Conciliation Act, 1996. After the matter was argued at some length, parties were agreeable to the appointment of an Arbitrator to resolve their disputes and differences which have arisen out of the Loan Agreement dated 27 th May 2022.

Therefore, I appoint Ms. Apurva Thipsay, Advocate to act as a Sole Arbitrator in the matter on the following terms :-

2 904-CARBP 304-24.doc TERMS OF APPOINTMENT (a) Appointment of Arbitrator: Ms. Apurva Thipsay, Advocate, is hereby nominated to act as a Sole Arbitrator to decide the disputes and differences between the parties.

(b) Communication to Arbitrator of this order:

A copy of this order will be communicated to the learned Sole Arbitrator by the Advocates for the Petitioner within one week from the date this order is uploaded.

(ii) The Advocates for the Petitioner will forward an ordinary copy of this order to the learned Sole Arbitrator at the following postal and email addresses: Arbitrator Ms. Apurva Thipsay, Advocate Address Chamber of Dr. Birendra Saraf, 302, Oval House, British Hotel Lane, Kala Ghoda, Mumbai 400 001.

Mobile +919892806541 Email apurva.thipsay@gmail.com (c) Disclosure: The learned Sole Arbitrator is requested to forward, in hard copy or soft copy (or both), the necessary statement of disclosure under Section 11(8) read with Section 12(1) of the

3 904-CARBP 304-24.doc Arbitration Act to Advocates for the parties as soon as possible. The Advocates for the Petitioners will arrange to file the original statement in the Registry. If the statement is forwarded in soft copy, a print out of the covering email is also to be filed in the registry.

(d) Appearance before the Arbitrator: Parties will appear before the learned Sole Arbitrator on such date and at such place as the learned Sole Arbitrator nominates to obtain appropriate directions in regard to fixing a schedule for completing pleadings, etc. (e) Contact/communication information of the parties: Contact and communication particulars are to be provided by both sides to the learned Sole Arbitrator. The information is to include functional email addresses and mobile numbers.

(f) Interim Application/s:

Liberty to the parties to make an interim application or interim applications including (but not limited to) interim applications under Section 17 of the Arbitration & Conciliation Act, 1996 before the learned Sole Arbitrator. Any such application will be decided in such manner and within such time as the learned Sole Arbitrator deems fit.

(ii) The present Petition under Section 9 of the Arbitration Act will be treated, heard, and disposed of as an application under Section 17 of the Act. All affidavits filed in the Section 9 petition will be treated as affidavits filed in the Section 17 application. Liberty to

4 904-CARBP 304-24.doc apply to the learned Sole Arbitrator for leave to file further affidavits.

(iii) The learned Sole Arbitrator is requested to dispose of all interim applications at the earliest.

(g) Fees: The arbitral tribunal's fees shall not be governed by the Bombay High Court (Fee Payable to Arbitrators) Rules, 2018. (h) Sharing of costs and fees: Parties agree that all arbitral costs and the fees of the arbitrator will be borne by the two sides in equal shares in the first instance.

Consent to an extension if thought necessary. Parties immediately consent to a further extension of up to six months to complete the arbitration should the learned Sole Arbitrator find it necessary. (j) Venue and seat of arbitration: Parties agree that the venue and seat of the arbitration will be in Mumbai.

2.

All rights and contentions of the parties are expressly kept open. 3.

The Petition is disposed of in these terms. No costs. (ARIF S. DOCTOR, J.)