C.M.C. LTD. vs UNIT TRUST OF INDIA .

The Supreme Court addressed the arbitration clause in a Technology Upgrade Agreement under Section 11(6) of the Arbitration and Conciliation Act, 1996, determining that the invocation of arbitration by the respondent was valid despite the appellant's objections regarding procedural compliance. The Court held that the Chief Justice of the High Court had the authority to appoint an arbitrator when one party fails to act in accordance with the agreed arbitration procedure. Consequently, the Court directed the appointment of an arbitrator to facilitate the arbitration process as per the Act.