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    <description>The court set aside the Single Judge&#039;s order and appointed a retired Justice as the sole arbitrator. A cost of Rs. 15,000 was imposed on the respondent for causing financial burden and delaying the dispute resolution process. The decision emphasized adhering to agreed arbitration procedures and the authority of the Chief Justice or designated Judge in appointing an arbitrator when parties fail to follow the prescribed process, aiming to uphold efficient dispute resolution and fair cost allocation in arbitration proceedings.</description>
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