2015 (2) TMI 822

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..... no by-laws framed under the provisions of the Companies Act, no arbitrator can be appointed. Needless to say that it would be open to the parties to take appropriate remedy in accordance with law.The arbitration petition is rejected. - Arbitration Petition No. 6 of 2014 - - - Dated:- 16-2-2015 - Anil R. Dave,JJ. JUDGMENT Anil R. Dave, J. 1. Heard the learned counsel. 2. The ar .....

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..... he Indian Companies Act, 1956. 5. Though an effort was made to show that in a reply to a winding up petition, one of the parties had agreed to refer the matter to arbitration but there also there was vagueness and even that willingness to refer the dispute to an arbitrator cannot be said to be an arbitration agreement. 6. Upon perusal of the aforestated clause, it is clear that the clause wi .....

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