Pricol Limited vs Johnson Controls Enterprise Ltd & Ors

The Supreme Court addressed the appointment of an arbitrator under the Joint Venture Agreement (JVA) dated 26th December 2011, emphasizing the arbitration clause which mandates amicable settlement attempts before arbitration. The Court clarified that the reference to the 'Singapore Chamber of Commerce' in the JVA should be construed as the 'Singapore International Arbitration Centre' (SIAC). It upheld the appointment of Mr. Steven Y.H. Lim as the sole arbitrator under Section 8(2) and Section 8(3) of the Singapore International Arbitration Act, confirming the validity of the arbitration proceedings initiated by the first respondent.