S. B. SINHA
Sohan Lal Gupta (Dead) Through L. Rs. – Appellant
Versus
Asha Devi Gupta – Respondent
JUDGMENT
S.B. Sinha, J.-What constitutes a reasonable notice by an arbitrator is the question involved in these appeals which arise out of a judgment and decree dated 1-3-1970 passed by a Division Bench of the Calcutta High Court affirming an order passed by a learned Single Judge setting aside an arbitration award.
2. The basic fact of the matter is not in dispute. Two groups of persons - One Guptas and another Sharmas - held several properties including three firms, six limited companies, one trust and other movable and immovable assets. Both the groups had 50 shares each. The family members of the Guptas and Sharmas Groups were interested in many or in some of the business and the firms. The family tree of the Gupta Group is as under:
GENEOLOGICAL TABLE OF GUPTA GROUP
I II III IV
Dulichand (Deceased) Sita Ram (Died on 1.12.75) Balaprasad Shrilal (deceased) -Basanti -Anari _________________ _______________________ ___________ _______
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