JUDGMENT

V. Kameswar Rao, J.

ARB.P. 1230/2021

1. It is a case where the petitioner Nos. 1 to 3 (`Petitioner Group') are companies duly incorporated under the provisions of the Companies Act, 1956 (`Act of 1956'), have filed the instant petition under section 11 of the Arbitration and Conciliation Act, 1996 (`Act of 1996') with the following prayers:

"PRAYER

That in the light of arbitration agreement existing between the parties, a dispute covered by the arbitration Agreement having arisen and the parties having failed to agree upon the appointment of an arbitrator, it is prayed that this Hon'ble Court may be pleased to:

a. Appoint an Arbitrator and refer the aforementioned dispute to the Ld. Arbitrator for adjudication;

b. Pass such other/further order(s) as this Hon'ble Court may deem fit and proper in the interest of justice."

2. Whereas the respondent No. 1 herein, is also a company duly incorporated under the provisions of the Act of 1956, having its registered office at Plot No.12, Sector-4, Faridabad, Haryana-121004.

3. It is stated that the respondent No. 2 is also a company duly incorporated under the provisions of Act of 1956 and was earlier a part of the Petitioner Group. Ho