Geeta Anand v. Sungil India Pvt Ltd and Another

Delhi High Court · 10 Aug 2011 · 2011:DHC:19186
Vipin Sanghi
2011:DHC:19186
arbitration petition_allowed

AI Summary

The Delhi High Court allowed the continuation of interim orders and empowered the arbitrator to appoint an independent auditor for statutory audit during arbitration proceedings.

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l_ .'.;'{ o.M.P. L74|20LL GEETA ANAND
Through:
13, 16 & 19 HIGH COURT OF DELHI Petitioner Mr. Neeraj K Kaul, Sr. Adv. with Mr, Hemant Sharma and Ms. Geeta Sharma, Advocates
VERSUS
SUNGIL INDIA PW LTD AND ANOTHER Respondent
Through: Mr. Harish Malhotra, Sr. Adv. with . Mr. Moni Cinmoy, Advocate
O.M.P.344|2OLL GEETA ANAND
Through:
Petitioner Mr. Neeraj K Kaul, Sr. Adv. with Mr. VCTSUS SUNIGIL INDIA PVT LTD AND ANOTHER
Mr. Moni Cinmoy, Advocate o.M.P. 37912oLL SUNGIL INDIA PW LTD & ANOTHER ..... Petitioner
Mr. Moni Cinmoy, Advocate
VERSUS
GEETA ANAND & ORS ..... Respondent
Through: Mr. Neeraj K Kaul, Sr. Adv. with Mr. CORAM:
HON',BLE MR. JUSTTCE VtPtN SANGHI e Respondent
A
;
2011:DHC:19186 {z r ,13
10.08.201L The arbitral tribunal has been constituted. Mr. Justice Anil Dev
Singh, retd. Chief Justice, Rajasthan High Court is the sole arbitrator.
As an interim measure, and without prejudice to the rights and contentions of the parties, it is agreed between parties that the interim orders passed in these proceedings should continue to operate with liberty to the parties to seek further orders or modification of the orders passed by the Court before the arbitral tribunal under Section
17 of the Act.
It is pointed out by Mr. Malhotra, learned senior counsel for
Sungil India Pvt. Ltd. & Anr. that the statutory audit of the said company needs to be carried out. lt is agreed that for the time being, the learned arbitrator may nominate an independent auditor, who shall conduct the audit of the accounts of the said company. lt is also agreed that once the audit is completed, the same shall be signed by . all such persons, as are determined by the learned arbitrator, and with the permission of the learned arbitrator, shall file the same with the income tax authorities.
These petitions stands disposed of in Dasti. the aforesaid terms.
AUGUST t O, 20L1 ST I VIPIN SANGHI, J 2011:DHC:19186
JUDGMENT