(1.) This petition is filed in terms of section 11(6) of the Arbitration and Conciliation Act praying for the appointment of an arbitral tribunal comprising three members to adjudicate upon disputes arising inter se the parties.
(2.) The sequence of events as presented by Mr.Anirudh Krishnan appearing for the petitioner are as follows:
(3.) The agreement between Mecon and NLC provides for the resolution of disputes by alternate dispute resolution mechanisms at clause 10.33.2, extracted hereunder: