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january 2025

High Court of Andhra Pradesh · 2025-01-09

ARBAPPL/20/2023 of GUNTI NAGESWARA RAO Vs KALPATARUVU AQUA PONDS

Citation / case number
APHC010133562023
Court
High Court of Andhra Pradesh
Petitioner
ARBAPPL/20/2023 of GUNTI NAGESWARA RAO
Respondent
KALPATARUVU AQUA PONDS
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Judgment text excerpt

APHC010133562023 Bench Sr.No:-7 IN THE HIGH COURT OF ANDHRA PRADESH [3441] AT AMARAVATI ARBITRATION APPLICATION NO: 20 of 2023 Gunti Nageswara Rao ...Applicant Vs. Kalpataruvu Aqua Ponds and others ...Respondents ********** Advocate for Applicant : Dr. Sastry Jandhyala Advocate for Respondents : Mr. P. Prabhakar for Mr. Ghanta Sridhar CORAM : THE CHIEF JUSTICE DHIRAJ SINGH THAKUR DATE : 10th January 2025 PC: The present Arbitration Application has been filed under Section 11(5) of the Arbitration and Conciliation Act, 1996, for appointment of an Arbitrator to adjudicate upon the disputes arising out of and in connection with the Partnership Deed, dated 31.03.2018. 2. The disputes are stated to have arisen between the partners which are sought to be resolved through the mechanism of arbitration as was envisaged in terms of clause 16 of the Partnership Deed, which reads as under: “16. Any dispute arising among the partners touching these represents shall be referred to an arbitration and the decision of the arbitrator or arbitrators shall be binding on all the partners.” 2 HCJ A.A.No.20 of 2023 3. It is stated that a notice, dated 24.10.2022, was served upon the respondents invoking