JUDGMENT

Sanjeev Narula, J. (Oral)

I.A. No. 17125/2021 (on behalf of Defendant No. 1 u/S. 45 of the Arbitration and Conciliation Act, 1996, seeking dismissal of the suit)

1. In light of the arbitration agreement contained in Article 14 of the Technology License and Technical Assistance Agreement dated 14th March 2017, Defendant No. 1, by way of the instant application under Section 45 of the Arbitration and Conciliation Act, 1996 [hereinafter, `the Act'], seeks dismissal of the instant suit along with reference of disputes to arbitration seated in Zurich, Switzerland as governed by the Rules of International Chamber of Commerce [hereinafter, `ICC'].

BRIEF FACTS

1.1. Plaintiff is a manufacturer exporting welding consumables, stainless steel welding, and non-welding wires. The Defendant No. 1 is the owner of a patent in the `Oerlikon-Intercito process' which is used for manufacture of electrodes required for welding