M/S UGRO CAPITAL LIMITED v. SG RISING ASSOCIATES AND ORS.
AP-COM/735/2026 · 2026-10-05
Gaurang Kanth
body2026
DailyLaw.ai
[ 2026 DAILYLAW 47273 (CAL) · dailylaw.ai ]
DailyLaw.ai
[ 2026 DAILYLAW 47273 (CAL) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
OC-27
ORDER SHEET
IN THE HIGH COURT AT CALCUTTA COMMERCIAL DIVISION ORIGINAL SIDE
AP-COM/735/2026
M/S. UGRO CAPITAL LIMITED VS SG RISING ASSOCIATES AND ORS.
BEFORE:
The Hon’ble JUSTICE GAURANG KANTH Date : 5th October, 2026. Appearance: Mr. Paritosh Sinha, Adv. Mr. K. K. Pandey, Adv. Ms. Sonia Nandy, Adv. Ms. Mallika Bothra, Adv. ...for the petitioner
Mr. Pranit Bag, Adv. Mr. Anuj Kumar Mishra,Adv. Mr. Balaram Patra, Adv. ....for the respondent
The Court: Affidavit of service is taken on record. This is an application filed under Sections 14 and 15 of the Arbitration and Conciliation Act, 1996, seeking substitution of the Arbitrator appointed by this Court vide Order dated 4th February, 2026.
Learned counsel for the petitioner submits that this Court vide the said order had appointed Mr. Aryak Dutt, Advocate (Your Lordship then was) as an Arbitrator to adjudicate the disputes between the parties. He states that Mr. Aryak Dutt has been elevated as a Judge of this Court and is presently discharging Judicial function. Consequently, he has become a de jure unable to perform his functions as an Arbitrator.
2 In view of the aforesaid supervening circumstances, the mandate of Mr. Aryak Dutt, the learned sole Arbitrator is hereby terminated under Section 14(1) of the Arbitration and Conciliation Act, 1996. Accordingly, this Court appoints Mr. Prabhakar Chowdhury, Advocate (Mob. No.9830159317) as the Sole Arbitrator to adjudicate the disputes between the parties. The learned Sole Arbitrator shall proceed with the reference from the stage at which the proceedings stood immediately prior to the termination of the mandate of Mr. Aryak Dutt, (Your Lordship then was). The learned Sole Arbitrator shall enter upon the reference after making the disclosure in terms of Section 12(1) of the Act and subject to the provisions of Section 12(5) thereof. The learned sole Arbitrator shall be entitled to fix the remuneration in accordance with the Fourth Schedule of the Act or as may be mutually agreed between the parties. A copy of this order shall be communicated by the petitioner to the learned sole Arbitrator for necessary action. With the aforesaid directions, the present application stands disposed of.
(GAURANG KANTH, J.)
S. A.
AR (CR)