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2025 Supreme(Mad) 2228

IN THE HIGH COURT OF JUDICATURE AT MADRAS
MR.JUSTICE ABDUL QUDDHOSE, J
SEPC Limited, Chennai – Appellant
Versus
Ace Technologies and Infrastructure Limited, Mumbai – Respondent


Advocates:
Advocate Appeared:
For the Appellant : Mr.V.Suresh
For the Respondent: Mr.Vikram P.Jain

ORDER

This petition has been filed under Section 11 of the Arbitration and Conciliation Act, 1996 (in short “the Act”) seeking for appointment of an Arbitrator by this Court.

2. There seems to be a dispute between the petitioner and the respondent arising out of the Memorandum of Understanding (MoU) dated 20.06.2016. There exists an arbitration clause in the said MoU dated 20.06.2016 and the same is extracted hereunder:-

“24. All dispute, differences and/or any claims those may arise between the parties against each other will be resolved by a Sole Arbitrator, to be appointed on mutual agreement, within 30 days, from the date on which a party communicates such dispute difference or claim to the other party and if no such agreement could be reached within such date, the sole arbitrator will be appointed following the provisions in Arbitration and Conciliation Act, 1996 , as modified from time to time.

The provisions of Arbitration and Conciliation Act, 1996 , as modified from time to time will be applicable to the said arbitration proceedings.”

3. The petitioner has invoked arbitration in accordance with Section 21 of the Act by issuing notice to the respondent on 29.11.2024. Admittedly,

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