C. SARAVANAN
Saurab Jain – Appellant
Versus
Remedi Speciality Medicines LLP For the Petitioner: U. Vijay Metha, Advocate. – Respondent
JUDGMENT
(Prayer: Original Petition is filed under Section 11(6) of the Arbitration and Conciliation Act, 1996, praying for appointment of a Sole Arbitrator to adjudicate upon the disputes arisen between the petitioner and the respondents under the LLP Agreement dated 02.03.2016 and inspect, scrutinize and verify the books of accounts of the LLP and determine the amounts payable to the petitioner upon retirement as per the terms of the LLP and to direct the respondents to pay cost of the petition.)
1. This Original Petition has been filed under Section 11(6) of the Arbitration and Conciliation Act, 1996, for appointment of a Sole Arbitrator.
2. The petitioner is a confounding partner of the first respondent M/s.Remedi Speciality Medicines Limited Liability Partnership (LLP), which was registered as a Limited Liability Partnership Firm vide LLP Agreement dated 02.03.2016 under the provisions of the Limited Liability Partnership Act, 2008.
3. The other partner who had joined with the petitioner in forming the first respondent Partnership Firm exited and the second, third and fourth respondents have stepped in as the new partners. It appears that after the second, third and fourth respond
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