ICON CONTROLS PVT. LTD. Vs. MECON LIMITED

JUDGEMENT

(1.) By the detailed order dated 02.02.2018, this Court had proposed to appoint Mr. Sajjan Kumar Dubey, Retired Principal District Judge, Deoghar as an Arbitrator to adjudicate the dispute between the parties. He was asked to submit his declaration in terms of section 12(1) of Arbitration and Conciliation Act, 1996, as amended by the Act No. 3 of 2016. The proposed Arbitrator had furnished his declaration through letter dated 12.03.2018. Learned counsel for the parties submit that he may be formally appointed as an Arbitrator to adjudicate the dispute between the parties. For better appreciation, order dated 02.02.2018 is reproduced hereunder:

(2.) Accordingly, I hereby appoint Mr. Sajjan Kumar Dubey, Principal District and Sessions Judge, Deoghar (Retd), R/o Flat No. b/602, Ganpat Palace, Ganpat Nagar, Bahubazar, Chutia, Ranchi-834001 as an Arbitrator to adjudicate the dispute between the parties. Learned Arbitrator would be free to lay down his fees and other remuneration for conduct of the Arbitration Proceedings, however, keeping into mind the provisions of Schedule-IV of Arbitration and Conciliation Act, 1996. He would also endeavor to conclude the Arbitration Proceeding, considering the time stipulated under section 29-A of the Act of 1996. Let the entire pleadings along with the instant order be sent to Learned Arbitrator by the Registry. Accordingly, the instant arbitration application stands disposed of.

(3.) Let the order be communicated to the Learned Arbitrator by the Registrar General of this Court.