ANIL KUMAR vs B.S. NEELKANTA .

The Supreme Court addressed a petition under Sections 11(5) and 11(6) of the Arbitration and Conciliation Act, 1996 for the appointment of an arbitrator due to disputes arising from a lease agreement involving the Andhra Pradesh Tourism Development Corporation and Goldstone Engineering Ltd. The Court emphasized the necessity of prior consent from the Corporation for any changes in shareholding as stipulated in the lease deed, and held that the absence of such consent rendered the agreements between Goldstone and the BSN Group invalid. Consequently, the Court directed the appointment of an arbitrator to resolve the disputes arising from the breach of the lease terms.