(1.) The applicant has preferred the present Arbitration Application, under Sec. 11(6) of the Arbitration and Conciliation Act, 1996 (the Act), to seek appointment of a sole arbitrator for adjudicating the disputes, which have arisen between the parties in terms of Clause 92 of their agreement dtd. 30/12/2020.
(2.) Under the said agreement, the applicant was awarded mining rights by the respondent for a period of five years.
(3.) Disputes have arisen between the parties and, consequently, the applicant invoked the arbitration agreement vide notice dtd. 6/5/2021. However, the parties have not been able to mutually decide the sole arbitrator. Consequently, this Arbitration Application has been preferred.