CIVIL MISC. ARBITRATION APPLICATION No. 2 of 2024 at Lucknow

-1- A.F.R. Neutral Citation No. - 2025:AHC-LKO:41684 Court No. - 8 Case :- CIVIL MISC. ARBITRATION APPLICATION No. - 2 of 2024 Applicant :- Devi Prasad Mishra Opposite Party :- M/S Nayara Energy Limited (Earlier Essar Oil Limited) Thru Auth. Signatory/ Managing Director Counsel for Applicant :- Girish Chandra Sinha,Dhirendra Singh,Manish Mehrotra,Mayank Sinha Counsel for Opposite Party :- Kumar Ayush Hon'ble Jaspreet Singh, J. 1. Heard Shri Pratham Mehrotra and Shri Manish Mehrotra, learned counsel for the petitioner and Shri Kumar Ayush, learned Counsel appearing for the respondent. 2. The instant petition has been preferred under Section 11(6) of the Arbitration & Conciliation Act, 1996 (hereinafter referred to as Act, 1996) seeking appointment of a sole Arbitrator to resolve the disputes having arisen between the parties, emerging from a franchisee agreement dated 18.01.2018. 3. Submission of the learned counsel for the petitioner is that a franchisee agreement was executed initially between Essar Oil Ltd. and the petitioner. In furtherance of the said agreement, the petitioner invested a sum of Rs.1.5 crores and odd to establish a petrol pump. It is the case of the petitioner t