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IN THE HIGH COURT OF DELHI
Sanjeev Sachdeva, J.
G4S Secure Solutions India Private Limited - Appellant
Versus
SRB Promoters Pvt. Ltd. - Respondent
Arb.P. 1115 of 2021
Decided On : 29-04-2022
Important Points
Subject
Arbitration - Appointment of Arbitrator
Headnote
Findings of Court:
The petition is disposed of with the appointment of the Sole Arbitrator.
Issues: The main issue addressed is the appointment of an Arbitral Tribunal pursuant to the agreement.
Ratio Decidendi: The court emphasized the importance of consensual appointment of an Arbitrator under the Arbitration and Conciliation Act, underscoring that a respondent's lack of objection facilitated a streamlined process.
Result: Petition disposed of.
| Table of Content |
|---|
| 1. agreement for arbitration and consent of parties. (Para 1 , 2 , 3) |
| 2. regulations regarding the arbitrator's fees and disclosures. (Para 4 , 5) |
| 3. petition disposal and cancellation of dates. (Para 6 , 7) |
JUDGMENT
Sanjeev Sachdeva, J.
1. Petitioner seeks appointment of an Arbitral Tribunal pursuant to the agreement for Guarding Services dated 15.06.2019.
2. Learned counsel appearing for the respondentsubmits that without prejudice to the rights and contentions, respondents have no objection to the dispute being referred to a sole Arbitral Tribunal.
3. Accordingly, with the consent of parties, Mr. K. Venkatraman, Advocate (Mobile # + 91 9810387820; email: venkatraj2007@yahoo.com) is appointed as the Sole Arbitral Tribunal to adjudicate the claims and counter-claims, if any, of the parties.
4. The fees of the learned Arbitrator shall be as per the Fourth Schedule of the Arbitration and Conciliation Act, 1996.
5. The Arbitrator shall furnish the requisite disclosure under section 12 of the Arbitration and Conciliation Act, 1996 within two weeks of entering reference.
6. The petition is disposed of in the above terms.
7. Next date on 25.07.2022, stands cancelled.
