Full Text
ARB.P. 251/2015
Dated of Decision: 09th September, 2015 SHOW WORLD EVENTS ..... Petitioner
Through: Mr. Zishan Ali, Adv.
(A UNIT OF JAGRAN PRAKASHAN LTD.) ..... Respondent
Through: Mr. B.K. Mishra, Adv.
JUDGMENT
1. The petitioner is seeking appointment of an arbitrator under Section 11 of the Arbitration and Conciliation Act.
2. There is a valid arbitration agreement between the parties, which is contained in clause 15 of the Consultant Agreement dated 1st April, 2011. The disputes have arisen between the parties which have to be referred to the arbitration. The petitioner has validly invoked the arbitration vide notice dated 23rd March, 2015.
3. The petition is allowed and Justice Kailash Gambhir (Retd.) is appointed as sole arbitrator to adjudicate the disputes arising out of the agreement between the parties including their claims and counter-claims.
4. The arbitration shall take place under the aegis of Delhi International Arbitration Centre (‘DAC’). The fees of the learned Arbitrator shall be in terms of the Delhi International Arbitration Centre (DAC) (Administrative 2015:DHC:7471 Arb. P. No.251/2015 Cost Arbitrator’s Fees) Rules.
5. Copy of this order be given dasti to counsel for the parties under the signature of the Court Master. A copy of this order be delivered to the learned Arbitrator as well as Additional Coordinator, DAC forthwith. J. R. MIDHA (JUDGE) SEPTEMBER 09th, 2015/rsk