MADHU KASLIWAL Vs. BIRDHI CHAND GUPTA

JUDGEMENT

(1.) THIS arbitration application has been listed for orders on Application No.32959 dated 11.11.2011 filed by the respondents No.1 and 2 for vacation of the interim order dated 10.3.2011 but counsel for both the parties agreed that instead of passing any order on the aforesaid application for vacation of the interim order dated 10.3.2011, specific order may be passed in the main application u/s 11, Arbitration and Conciliation Act, 1996.

(2.) HEARD learned counsel for the parties.

(3.) A perusal of the aforesaid Clause 12 would reveal that the parties have to proceed in accordance with the Arbitration and Conciliation Act, 1996 and further, counsel for the Non Applicants has no objection to the appointment of any retired District Judge as an independent Arbitrator.