Aslam Ismail Khan Deshmukh vs Asap Fluids Pvt Ltd

The Supreme Court addressed the petitions filed under Section 11(6) and Section 11(12)(a) of the Arbitration & Conciliation Act, 1996, seeking the appointment of an arbitrator for disputes arising from a Shareholders Agreement dated 25.07.2011. The Court emphasized that the arbitration clause in the agreement is binding and must be adhered to for dispute resolution. The petitions were allowed, and an arbitrator was appointed to adjudicate the disputes as per the terms of the agreement.