(1.) These applications are preferred under Sec. 11 of the Arbitration and Conciliation Act, 1996 (the Act, 1996) to appoint an Arbitral Tribunal to arbitrate upon and decide the disputes/issues and/or differences between the parties arising out of and in accordance with an Agreement to Lease dtd. 8/9/2014, School Management Services Agreement dtd. 13/8/2014 read with Memorandum of Understanding (MOU) dtd. 14/8/2014 and the Leave and License Agreement dtd. 22/9/2014.
(2.) Background facts leading to these applications can be stated in brief as under:
(3.) Respondent No. 5 BIG Trust runs educational institutions, including Gopi Birla Memorial School (the School) at plot No. 68, Walkeshwar Road, Mumbai 6 (the School property). Pursuant to the request of respondent Nos. 1 and 2, Sandeep Goenka had negotiations with respondent Nos. 1 and 2, who desired the Goenka to enter into a Joint Venture to administer and manage schools utilizing their expertise. Post negotiations on 8/9/2014 two family groups, "Goenka" and "Birla", entered into a Deed of Limited Liability Partnership and formed the applicant Eduserve