B.VEERAPPA
Managing Director, M/s. P3 Consulting Engineering Pvt Ltd. – Appellant
Versus
Managing Director, Belmar Aviation Pvt. Ltd. – Respondent
ORDER :
1. The petitioner filed the present Civil Miscellaneous Petition under the provisions of Section 11(5) of the Arbitration and Conciliation Act, 1996 for appointment of sole Arbitrator to adjudicate the dispute in terms of clause 11.8 of the Memorandum of Understanding dated 30.05.2017 entered into between the parties.
2. It is the case of the petitioner that the petitioner M/s. P3 Consulting Engineering Pvt. Ltd., India (P31) is 100% subsidiary of P3 Engineering GmbH is an established product design and Engineering Services company, focused into Aerospace & Defence Industry. P31 is providing its design and engineering services using engineering and software knowledge to its clients worldwide in the above industry segments. It is further contended that the P3 Academy is the training center has aim and agenda in its goal to provide training in innovative technologies and such modules to the engineering graduates and in that aspect has joined the hands with Belmer Aviation Pvt. Ltd., for inviting the students for the training programme. After several discussions with the respondent, the petitioner entered into the memorandum of Understanding on 30.05.2017 with the respondent, es
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