Annexure A1 deed of partnership provides for resolution of the disputes/differences by resort to arbitration. Clause 14 thereof is as follows:-
"14. If any dispute shall arise between the parties in respect of the conduct of the business of the partnership or in respect of interpretation, operation or enforcement of any of the terms and conditions of this Deed or in respect of any other matter, cause or thing whatsoever not herein otherwise provided for, the same shall be referred for adjudication to the Arbitration as provided by the Indian Arbitration Act."
The dispute relates to expulsion of the petitioner from the partnership and also rendition of accounts. The appointment of Arbitrator is imminent under Section 11(6) of the Arbitration and Conciliation Act, 1996.
2. I therefore appoint Mr. Justice N.K.Balakrishnan (Retired) as the sole Arbitrator in this case. The Arbitrator is free to fix his fee and also the venue of hearing.
The Arbitration Request is allowed.
V.CHITAMBARESH JUDGE DCS