R.M.LODHA, ANIL R.DAVE
Newton Engineering & Chem. Ltd. – Appellant
Versus
Indian Oil Corporation Ltd. – Respondent
Judgment :-
We have heard Mr. Jagdeep Kishore, learned counsel for the petitioner, and Mr. Chetan Sharma, learned senior counsel for the respondents.
2. Leave granted.
3. It is not necessary to refer to the facts of the case. Suffice it to say that the arbitration clause in the agreement between the parties provides that all disputes and differences between them shall be referred by any aggrieved party to the contract to the sole arbitration of ED(NR) of the respondent No. 1 - Indian Oil Corporation (for short, 'Corporation'). Arbitration clause further provides that, if such ED(NR) is unable or unwilling to act as the sole arbitrator, the matter shall be referred to the sole arbitration of some other person designated by such ED(NR) in his place who is willing to act as sole arbitrator. The arbitration clause also provides that no person other than ED(NR) or the person designated by the ED(NR) should act as arbitrator.
4. It is admitted case that when the disputes arose between the parties, the present appellant - M/s Newton Engineering and Chemicals Limited (for short, 'Contractor') wrote to the Corporation for appointment of ED(NR) as sole arbitrator as per the arbitration clause. T
Login now and unlock free premium legal research
Login to SupremeToday AI and access free legal analysis, AI highlights, and smart tools.
Login
now!
India’s Legal research and Law Firm App, Download now!
Copyright © 2023 Vikas Info Solution Pvt Ltd. All Rights Reserved.