JUDGMENT

V. Kameswar Rao, J. (Oral)--This petition has been filed under Section 11(6) of the Arbitration & Conciliation Act, 1996 (`Act of 1996', for short) for the appointment of a Sole Arbitrator.

2. The facts of the case, as noted from the petition are, in the year 1998, the petitioners were appointed as Distributor for respondent for under taking sale, distribution and marketing of its products in India and were registered as Amway Business Owner (ABO)/Amway Direct Seller (ADS), in the name of the sole proprietor ship `Sindhia Enterprises' with ABO No. 141935. According to the petitioners, they have set up a vast Line of Sponsor ship in the respondent Company, and nurtured and supported close to 1500ADSs, who have now set up their own networks, and are in the category of Silver/Gold/Platinum/Sapphire/Emerald. From 2015, the renewal process for existing ADSs became automatic, each year, without payment of any fee.The respondent issued a Code of Ethics and Rules of Conduct in 2015 to govern the terms of the relationship between the respondent and the ADSs. The respondent also started promoting registration of Preferred Customers (PCs) directly through the respondent's website, as