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IN THE HIGH COURT OF MADHYA PRADESH AT JABALPUR
G.S.AHLUWALIA
Tast Healthy Foods India Pvt. Ltd. Through Its Director Mr. Arun Shrivastava – Appellant
Versus
R.T. Food Products – Respondent
ORDER :
This application, under section 11(6) of the Arbitration and Conciliation Act, 1996 has been filed for appointment of sole Arbitrator.
2. Applicant and respondent entered into licence/usage cum sale agreements dated 24/06/2020 and 25/06/2020 containing arbitration clause. It is the case of applicant that due to non grant of Input tax credit (transitional credit), applicant was unable to conduct its business due to cancellation of GST number by GST Authorities. Applicant and partner of respondent-firm namely Ajeet Kumar Gupta were in business relationship for last few years as Ajeet Kumar Gupta used to purchase the manufactured packed food products from the applicant-Company. Therefore, applicant considering the past business relations with Ajeet Kumar Gupta, decided to enter into a licence/usage cum sale agreements dated 24/06/2020 and 25/06/2020 with the respondent, wherein applicant had given exclusive rights including the license to use the assets (Building, Plant and Machinery) to the respondent. Respondent was supposed to pay Rs.4,00,000/- for usage of the Food Park, Plot No.40, Industrial Area, Malanpur, District Bhind along with all other assets situated therein. Respo
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