(1) A partnership was entered into between Wazir Chand s/o Lalchand and Harish Chancier s/o Wazir Chand residents of New Delhi, who were collectively described in the partnership deed as party No. 1, and Mohd. Abdullah Mir s/o Abdul Razak, Ghulam Mohd and Ghulam Rasul sons of Mohd Abdullah Mir respondents 1, 2 and 3 who were collectively described as party No. 2j on 4th Feb. 62. The partnership was registered on 10-2-62 before the Sub-Registrar Srjnagar. This partnership had to be carried on under the firm name Wazir Chand Harish Chander. These two parties were to invest money in a certain proportion for carrying on the business of the newly constituted firm. The partnership was for a period of five years from 1-4 62. Cl. 11 of the partnership deed proved that if there was any dispute about the running of the business between the parties, the same would be got decided by means of arbitration. The first party had to appoint an arbitrator. Similarly the second party had to op-point its own arbitrator. The arbitrators between themselves had th

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