Powertech World Wide Limited Vs. Delvin International General Trading LLC
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Head Note
The Arbitration and Conciliation Act, 1996 - Section 11 (6)
Petition for appointment of an Arbitrator - A Purchase Contract entered into between the parties for sale-purchase of various articles - non-payment of the outstanding dues by the respondent - The parties were ad idem to amicably settle their disputes or settle the disputes through an arbitrator in India/UAE. Even the respondent had admitted the existence of an arbitration agreement between the parties and consented to the idea of appointing a common/sole arbitrator to determine the disputes between the parties - The Supreme Court held the correspondence between the parties and the consensus ad idem in relation to the existence of an arbitration agreement and settlement of disputes through arbitration became crystal clear - Petition for appointment of an Arbitrator to adjudicate upon the disputes allowed - No costs.
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