Annexure I Deed of Partnership provides for resolution of the disputes/differences by resort to arbitration. The relevant clause is as follows:- All the disputes which shall arise between the partners or their legal representatives about the interpret to this Deed or their rights and liabilities there under or in relation to any other matter what so ever touching the partnership affairs shall be referred to arbitration under the provisions of the Arbitration and Conciliation Act, 1996 as amended from time to time and any statutory modifications thereof.
The Partnership has since been dissolved at Will and the accounts have to be settled. The petitioners/applicants named an Arbitrator to which the second respondent has not hitherto responded. I do feel that an Advocate having rich experience in the field should be appointed as the Arbitrator for resolution of the disputes.
2. I accordingly appoint Mr.K.G.Gouri Shankar Rai, Advocate as the sole Arbitrator in terms of Section 11(6) of the Arbitration and Conciliation Act, A.R.No.21 of 2014 2 1996. The Arbitrator is free to fix his fee and also the venue of hearing.
The Arbitration Request is allowed. No costs.
Sd/- V.CHITAMBARESH, Judge.
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