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2008 Supreme(SC) 1486

MUKUNDAKAM SHARMA
Everest Holding Ltd. – Appellant
Versus
Shyam Kumar Shrivastava – Respondent


Advocate Appearances
Mr. Rajiv Dutta, Senior Advocate, Mr. Praveen Swarup and Ms. M.F. Humayunisa, Advocates with him for the Appellant. Mr. Shyam Diwan, Senior Advocate, Mr. Atul Shankar Mathur, Mr. Body Rangandhan, Ms. Nupur Mukherjee and M/s. Khaitan & Co., Advocates with him for the Respondents.

DR. MUKUNDAKAM SHARMA, J.

1. This Order would dispose of the petition filed by the petitioner praying for appointment of an arbitrator under Section 11(6) and (9) of the Arbitration and Conciliation Act, 1996 (hereinafter referred to as the Act) in terms of the Arbitration Agreement entered into between the parties.

2. The petitioner is a foreign company incorporated under His laws of China having its office at Hong Kong whereas the respondent no. 1 is a citizen of India and Chairman of respondent no. 2 Shrivastava Group of Companies. Respondent Nos. 3 to 5 are the companies of Shrivastava Group and respondent nos. 6 and 7 are partnership firms carrying on business under the name of Shrivastava Group. The respondent no. 8, also arrayed as party to the petition, is a company formed under the Joint Venture Agreement (for short JVA) between the petitioner and respondent no. 1. The said company was incorporated and registered under the provisions of the Indian Companies Act, 1956. However, during the pendency of the aforesaid proceedings the name of respondent no. 8 was deleted from the array of parties.

3. On 08.09.2003, an agreement of cooperation was entered into between the petitio
































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