(1.) The learned counsel for the petitioner is heard for final disposal and the respondent though served has remained absent.
(2.) The parties have signed Laboratory in Hospital Agreement dtd. 26/8/2020 (Annexure-A). This agreement incorporates arbitration clause which reads as under:
(3.) The petitioner has issued, at the first instance, legal notice dtd. 7/1/2022 raising a dispute claiming a total sum of Rs.1,11,19,337.00 (Rupees One Crore Eleven Lakhs Nineteen Thousand Three Hundred and Thirty Seven Only) along with interest and the respondent's reply is a general defence that all the amounts due under the contract are paid and therefore, there is no dispute for arbitration. The petitioner has caused subsequent notice dtd. 31/1/2022 invoking the arbitration clause for commencement of arbitration proceedings. The respondent has not replied.