SACHIN DATTA, J. (Oral)

1. The present petition filed under Section 11(6) of the Arbitration and Conciliation Act, 1996 (hereinafter ‘A&C Act’) seeks appointment of a Sole Arbitrator to adjudicate the disputes between the parties.

2. The disputes between the parties have arisen in the context of a Loan Agreement bearing No.CF12450678 dated 30.12.2015. Under the said agreement, the respondent no.1 is the borrower whereas the respondent no.2 is the co-borrower.

3. A copy of the original agreement, bearing the signatures of the respondents has been produced in Court and the same has also been perused by the learned counsel for the respondents. Learned counsel for the petitioner undertakes to provide a legible copy thereof to learned counsel for the respondents during the course of the day.

4. The relevant Arbitration Clause is contained in Clause-31 of the said agreement. The same reads as under:

“31.Arbitration

All disputes, differences and/or claim arising out of these presents in any way touching or concerning the same or as to constructions, meaning or effect hereof or as to the rights and liabilities of the parties hereunder shall be settled by arbitration to be held in accordance with