M/S. Dharmaratnakara Rai Bahadur Arcot ... vs M/S. Bhaskar Raju And Brothers

The Supreme Court upheld the appointment of Justice L. Sreenivasa Reddy as Arbitrator under the Arbitration and Conciliation Act, 1996, affirming that the arbitration proceedings were validly initiated by the appellants, a registered Charitable Trust, against the respondent lessee for breach of lease terms. The Court emphasized the importance of adhering to the arbitration process as stipulated in the lease agreement and dismissed the appeal challenging the appointment. The holding reinforces the enforceability of arbitration clauses in commercial agreements.