Sijrya Pharmaceutical Ltd v. Religare Finvest Ltd

Delhi High Court · 29 Nov 2013 · 2013:DHC:8078
Rajiv Shakdher
ARB.P. 448/2012 & 449/2012
2013:DHC:8078
civil petition_allowed Procedural

AI Summary

The Delhi High Court referred the parties' disputes to arbitration, allowed the arbitrator to fix his fees in consultation with the parties, and disposed of the petitions without creating any precedent.

Full Text
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* IN THE HIGH COUITT OF DELHI AT NEW DELHI
+ AnB.P. 448/2012
SIJRYA PHARMACEI]TICAL LTD & ORS. ..... PEtitiONETS
'fhrough: Ms. Pankhuri Jain, Advocatc
VEISUS
RELIGARE FINVEST LTD ..... Respondent
'fhrough: Mr. Ajay I(ohli, Advocate
+ ARR.P. 44912012
SIIRYA PI'IAI{MACEIITICAI. LTD & ORS. .-... Petitioners
Through: Ms. Pankhuri Jain, Advocate
VCTSUS
RI]LIGARE FINVI]ST I,TD ..... Itespondcnt
Through: Mr. Ajay I(ohli, Advocatc
CORAM:
HON'I}LE MR. JUSTICE RAJIV SI{AKDIIEIT
29.r1,.20L3
ORDER

1. 'I'he learned counsel for the parties are agt'eed that the disputes inter se the parties be refened to Ml. S.M. Chopra, ADJ (Retd.) (Mobile No.92 132303 49).

2. 'l'he partics arc also agreed that the arbitratol will deteunine his own fee in consultation with thc parties. It is ordered accordingl[1],.

3. ' The parties and their counsels shall appear before the learned ARB.P. 448/2012 & 449/2012 page 1 of[2] 2013:DHC:8078 \> arbitrator on 16.12.2013 at 4.00 p.m.

4. It is made clear that in so far as ILcligare Finvest Ltd' is concerned, this order will not form a precedent' pagc[2] of[2] Ihe captioned petitions are accor$ly disposed of' '6^\W RAJiV SHAKDHER, J NOVEMBER 29,2013 vg