Citation : 2024 Latest Caselaw 87 UK
Judgement Date : 16 February, 2024
IN THE HIGH COURT OF UTTARAKHAND
AT NAINITAL
HON'BLE THE CHIEF JUSTICE MS. RITU BAHRI
ARBITRATION APPLICATION NO. 64 OF 2023
16TH FEBRUARY, 2024
Bharat Construction (India)
Private Limited ...... Applicant/Petitioner
Versus
Ministry of Road Transport &
Highways and another ...... Respondents
Counsel for the applicant : Mr. Vikas Bahuguna, learned
counsel through video
conferencing
Counsel for the respondents : Mr. V.K. Kaparuwan, learned
Standing Counsel for the Union
of India
The Court made the following:
JUDGMENT:
In the present case, as per the terms of
contract agreement (Annexure-4), Article 26 is the
clause for dispute resolution. Clause 26.3 of said
contract agreement deals with appointment of an
Arbitrator.
2) Counsel for the respondents states that since
the amount in dispute is more than three crores, as per
clause 11.2 of the Arbitration Rules of the Society for
Affordable Redressal of Disputes, if the claim amount is
more than three crores, a tribunal shall be constituted of
odd number of Arbitrators to be nominated by the
parties.
3) Counsel for the applicant / petitioner is not
disputing the above said provision contained in the
Arbitration Rule of the Society for Affordable Redressal
of Disputes.
4) Keeping in view this fact, the Court proceed to
appoint a panel of three Arbitrators.
5) Counsel for the applicant / petitioner
proposed the name of Mr. Justice B.S. Verma, (Retd.)
Judge, High Court of Uttarakhand, to act as an Arbitrator
on its behalf, and counsel for the respondents proposed
the name of Mr. Justice V.K. Bist, (Retd.) Chief Justice,
Sikkim High Court, to act as an Arbitrator on its behalf.
This Court has no hesitation in accepting the names of
the two Arbitrators as proposed by the parties.
However, the third Arbitrator has to be appointed by
mutual understanding / consensus of both the
nominated arbitrators in order to adjudicate the disputes
which have arisen between the parties under the
aforesaid contract agreement.
6) The Arbitration Application is, accordingly,
allowed.
______________ RITU BAHRI, C.J.
Dt: 16th FEBRUARY, 2024 Negi
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