JUDGMENT :

L. Narayana Swamy, J.

This Arbitration Appeal is directed against the judgment dated 29.11.2019, passed by the learned Single Judge of this Court in Arbitration Case No. 58 of 2019, whereby OMP Nos. 448 and 343 of 2019 were allowed and the objections in Arbitration case No. 58 of 2019 was held not entertain able within the ambit of the prohibition contained in Section 19 of the Micro Small and Medium Enterprises Development Act, 2006 for short ‘MSMED Act’, and for setting aside the Arbitral Reference No. 52 of 2017 being perverse, illegal and against the public policy, hereinafter referred to as the impugned judgment, on the grounds taken in the appeal.

2. Briefly stated, the facts leading to the presentation of the appeal can be stated thus. On 3.12.2017, the respondent filed a Claim Reference under the MSMED Act with the HP Micro and small Facilitation Council on the ground that the respondent have an outstanding amount of Rs.33,75,984/-, i.e., Rs.16,01,522/- as principal amount and Rs.17,74,462/- as interest against the appellant. As the name of Shri Rahul Gandhi, has been dropped by the HP Micro and Small Facilitation Council later on, thus the notice dated 4.1.2018 wer