IN THE HIGH COURT OF DELHI
Sanjeev Sachdeva, J.
VR Dakshin Private Limited - Appellant
Versus
Sports and Leisure Apparel Limited - Respondent
Arb.P. 319 of 2022
Decided On : 12-04-2022

The court referred the lease agreement disputes to arbitration at the Delhi International Arbitration Centre, following the respondent's non-objection to this referral.

Headnote:(A) Arbitration and Conciliation Act, 1996 - Section 11 - Appointment of Arbitral Tribunal - Disputes under a lease agreement referred to the Delhi International Arbitration Centre for arbitration - Respondent has no objection to the referral of disputes to a Sole Arbitral Tribunal. (Para 4)

(B) Arbiter's fees - The arbitrator is entitled to charge fees as per the DIAC's scheduled fees. (Para 5)

(C) Disclosure requirements - The arbitrator must furnish disclosure under Section 12 of the Arbitration and Conciliation Act, 1996 within one week. (Para 6)

Facts of the case:
The petitioner seeks the appointment of an Arbitral Tribunal under a lease deed, and the respondent agrees to the appointment of a tribunal, acknowledging existing proceedings under section 11 of the Arbitration and Conciliation Act in another High Court.

Findings of Court:
The disputes are referred to the Delhi International Arbitration Centre for appointment of a Sole Arbitral Tribunal.

Issues: The main issue addressed was whether the disputes arising from the lease agreement should be referred to arbitration and the appointment of an arbitrator.

Ratio Decidendi: The court found that the respondent's agreement to refer the disputes for arbitration necessitated the appointment of a tribunal, thereby facilitating the arbitration process under the regulations of DIAC.

Result: Petition disposed of.