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2026 DAILYLAW 26162 (AP)

M/s.Matrix Infra Global Engineering Pvt.Ltd. v. Mr. Narsimha Kosika

ARBAPPL/43/2025 · 2026-03-05

Dhiraj Singh Thakur

body2026

Judgment text

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APHC010606622025 IN THE HIGH COURT OF ANDHRA PRADESH AT AMARAVATI ARBITRATION APPLICATION NO: 43 of 2025 Bench Sr.No:-25 [3441] M/s.Matrix Infra Global Engineering Pvt. Ltd. ...Applicant Vs. Mr. Narsimha Kosika ...Respondent ********** Advocate for Applicant: Mr. P. Soma Sekhara Naidu Advocate for Respondent: Mr. Akula Vamsi Krishna CORAM : THE CHIEF JUSTICE DHIRAJ SINGH THAKUR DATE : 6th March, 2026. P C : This is an application filed under Section 11(6) of the Arbitration and Conciliation Act, 1996 (for short, “the Act of 1996”) for referring the disputes arising out of and in connection with Loan Agreement, dated 17.12.2019. 2. It is stated that according to Clause 12 of the said Agreement, in case of any dispute arising between the parties, the same is required to be settled through the mechanism of arbitration in terms of the provisions of the Act of 1996. 3. Disputes having arisen between the parties, a Notice, dated 29.11.2022, invoking the arbitration clause, is stated to have been served upon the respondent, which did not elicit any response, and hence the present application. 2 HCJ ARBAPPL_43_2025 4. Learned counsel for the respondent does not dispute the existence of either the arbitration clause in the Agreement or the fact that disputes have arisen, and upon instructions, states that has no objection for the appointment of a sole arbitrator by this Court. 5. Be that as it may, the present arbitration application is allowed. Justice B. Syamsunder, former Judge of the High Court of Andhra Pradesh, is appointed as an Arbitrator, who shall enter upon the reference and adjudicate upon the disputes arising out of and in connection with the Loan Agreement, dated 17.12.2019, and render the Award within the statutory period. The parties shall be free to file detailed claims and counter-claims, before the learned Arbitrator. The learned Arbitrator shall also be entitled to claim the fee in consultation with the parties. No order as to costs. Pending miscellaneous applications, if any, in this application, shall stand closed. A copy of this order be communicated to the learned Arbitrator on the address mentioned herein below: Justice B. Syamsunder, Villa No.10, Misty the First Avenue, Karakatta Road, Opp: ISKCON Temple, Undavalli, Guntur, Andhra Pradesh - 522501. Phone: 98493 87543 DHIRAJ SINGH THAKUR, CJ. SSN