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Madras High Court

L & T Infrastructure Development vs Ashoka Concessions Limited on 25 October, 2016

Author: Sanjay Kishan Kaul

Bench: Sanjay Kishan Kaul

        

 
In the High Court of Judicature at Madras

Dated : 25.10.2016

Coram :

The Hon'ble Mr.Sanjay Kishan Kaul, Chief Justice

O.P.No.547 of 2016


L & T Infrastructure Development
 Projects Limited, Rep. by its
  Chief Financial Officer, Mr.Karthikeyan.T.V.		.. Petitioner

-vs-

Ashoka Concessions Limited
Rep. by its Director, Mr.Satish Dhondulal Parakh.	.. Respondent

	Petition filed under Section 11 (4) (a) of the Arbitration and Conciliation Act, 1996, to appoint a Sole Arbitrator or alternatively appoint an Arbitrator on behalf of the respondent, in terms of the Shareholders Agreement dated 22.12.2011, for the purpose of adjudicating upon the dispute that has arisen between the Petitioner and the Respondent under the Shareholders Agreement dated 22.12.2011.

	For Petitioner	:  Mr.Vinod Kumar

	For Respondent	:  Mr.Thriyambak J.Kannan

* * * * *

O R D E R

Learned counsel for the parties state that despite the pleadings before the Court, they have received instructions that Mr.Justice S.Rajeswaran (Retd.) may be appointed as the Sole Arbitrator to enter upon reference and adjudicate the disputes inter se the parties and that the arbitration proceedings may take place under the aegis of the Madras High Court Arbitration Centre.

2.In view thereof, I appoint Mr.Justice S.Rajeswaran, a retired Judge of this Court, as the Sole Arbitrator to enter upon the reference and adjudicate the disputes inter se the parties. As requested, the arbitration proceedings will be conducted under the aegis of the Madras High Court Arbitration Centre and the parties will be governed by the Rules of the Centre.

3.The original petition is, accordingly, allowed, leaving the parties to bear their own costs.

(S.K.K., CJ.) 25.10.2016 sra Note: Mark a copy to

(i) The Addl. Registrar-Vigilance Madras High Court Arbitration Centre, Madras High Court Campus, Chennai.

(ii)The Arbitrator, as referred above.

The Hon'ble Chief Justice (sra) O.P.No.547 of 2016 25.10.2016