SHREE SAI CONSULTANATS & ORS. v. RELIGARE FINVEST LIMITED

Delhi High Court · 16 Dec 2019 · 2019:DHC:7004
Jyoti Singh
O.M.P.(MISC.)(COMM.) 266/2019
2019:DHC:7004
civil other

AI Summary

The Delhi High Court appointed a substitute Arbitrator upon the original Arbitrator's withdrawal, directing compliance with disclosure and fee provisions under the Arbitration and Conciliation Act, 1996.

Full Text
Translation output
O.M.P.(MISC.)(COMM.) 266/2019
HIGH COURT OF DELHI
Date of Decision: 16.12.2019
O.M.P.(MISC.)(COMM.) 266/2019
SHREE SAI CONSULTANATS & ORS. ..... Petitioners
Through Mr. Cheitanya Madan and Mr. Somesh Tiwari, Advocates.
VERSUS
RELIGARE FINVEST LIMITED ..... Respondent
Through Ms. Harsh Lata, Advocate for Mr. Shobhit Jain, Advocate.
CORAM:
HON'BLE MS. JUSTICE JYOTI SINGH JYOTI SINGH, J. (ORAL)
JUDGMENT

1. Pursuant to the Court notice issued by this Court on the last date of hearing, counsels have appeared on behalf of the parties. They jointly submit that a substitute Arbitrator be appointed by this Court.

2. With the consent of the parties, Hon’ble Mr. Justice H.R. Malhotra, former Judge of this Court, is appointed as a Sole Arbitrator to adjudicate the disputes between the parties.

3. Mandate of Mr.Justice Rajender Menon is terminated as Justice Menon has withdrawn from the proceedings on account of his current appointment as Chairman, Armed Forces Tribunal.

4. The address and mobile number of the learned Arbitrator is as under: 2019:DHC:7004 O.M.P.(MISC.)(COMM.) 266/2019 Hon’ble Mr. Justice H.R. Malhotra, Former Judge of High Court of Delhi, 271/10, Forest Lane, Cross Lane No. 2, Sainik Farm, New Delhi-110068 Mobile: 9311510400

5. The learned Arbitrator shall give disclosure under Section 12 of the Act before entering upon reference.

6. Fee of the Arbitrator shall be fixed as per Fourth Schedule of the Act.

7. Needless to say that new Arbitrator will resume proceedings from the stage at which they were left by Mr. Justice Rajender Menon.

JYOTI SINGH, J DECEMBER 16, 2019 yo/