VELUGUBANTI HARI BABU vs PARVATHINI NARASIMHA RAO

The Supreme Court upheld the High Court's decision to appoint a sole arbitrator under Section 11(5) & (6) of the Arbitration and Conciliation Act, 1996, to resolve disputes arising from a Memorandum of Understanding (MoU) dated 27.05.2013 between the parties. The Court emphasized that the existence of a dispute regarding the MoU's execution warranted arbitration, despite the appellant's claims of forgery. The Court affirmed the High Court's order, reinforcing the principle that arbitration agreements must be honored unless proven otherwise.