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2022 Supreme(Del) 1388

SURESH KUMAR KAIT
Modi-mundipharma Beauty Products Private Limited – Appellant
Versus
S. M. Enterprises Through Its Proprietor And Another – Respondent


Advocates appeared:
Saksham Tyagi, Advocate, Ashwani Kumar, Advocate, Abhay Kakkar, Advocate

JUDGMENT

Suresh Kumar Kait, J. - The hearing has been conducted through video conferencing.

1. Present petition has been filed under Section 11(5) of the arbitration and Conciliation act, 1996 seeking appointment of arbitrator to adjudicate the disputes between the parties.

2. Pertinently, petitioner is a private limited company incorporated under the provisions of the Companies act, 1956 and is engaged in the business of marketing, selling of cosmetic and personal care products.

3. according to the petitioner, respondent no.1 is a proprietorship firm and engaged in the business of trading of cosmetic products and running and managing the sale of various products. Respondent no.2 is the sole proprietor of respondent no.1.

4. It is averred that petitioner executed a Memorandum of Understanding with the respondents on 27.07.2017 for selling the products of the petitioner under the brand name of 'Revlon' & 'Street Wear' for a period of 2 years commencing from 27.07.2017 till 26.07.2019 which could be renewed for further term of 12 months. On 25.08.2017, petitioner company had entered into a lease deed with Mr.Manoj Kumar Lilani, Mr.Dalip Kumar Lilani and Mr.Sanjay Kumar Lilani, owners of t

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