Balli Petrochemicals Ltd vs National Aluminium Company Ltd

The Supreme Court addressed the application under Section 11(6) of the Arbitration and Conciliation Act, 1996, for the appointment of a Sole Arbitrator due to disputes arising from a global tender and purchase order. The Court emphasized that the arbitration clause in the contract mandates the appointment of an arbitrator by the CMD of NALCO and outlined the procedure for arbitration, including the requirement for a reasoned award. The Court held that the arbitration proceedings must continue despite the resignation of the initially appointed arbitrator, ensuring the enforcement of the arbitration agreement as per the Act.