1998 (3) TMI 706

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....counsel for the contesting parties stated before me that the present case is a case of international commercial arbitration. That was the view taken by Justice Punchhi (as the Hon. Chief Justice then was) and he had also taken the view on interpretation of Section 11(9) of the Arbitration and Conciliation Act, 1996 that the word "may" employed thereunder has the meaning of "shall". Though there is....

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.... arbitrator who has neither Indian nor American nationality will have to be appointed. Efforts were made by Hon'ble the Chief Justice earlier for getting an arbitrator appointed by consent of parties. They had also then agreed to the name of Justice A.M. Ahmadi, ex-Chief Justice of this Court. Unfortunately, the learned arbitrator subsequently expressed his unwillingness to continue to act as ....

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.... and His Lordship had suggested that the petitioner may obtain his consent to be arbitrator if appointed in these proceedings. I am informed that Dr Shah has consented to act as an arbitrator on the remuneration of Rs. 10,000 per day in addition to his other out of pocket expenses which will include boarding and lodging charges. They will be in addition to the aforesaid remuneration per day. I am ....