SURESH SHAH v. HIPAD TECHNOLOGY INDIA PRIVATE LIMITED

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REPORTABLE

IN THE SUPREME COURT OF INDIA

CIVIL ORIGINAL JURISDICTION

ARBITRATION PETITION (CIVIL) NO(S). 08/2020

Suresh Shah            .…  Petitioner(s)

Versus

Hipad Technology India Private Limited       …. Respondent(s)

J U D G M E N T

A.S. Bopanna, J.

1. The   petitioner   has   instituted   this   petition   under

Section 11(5) of the Arbitration and Conciliation Act, 1996

(‘Act,   1996’   for   short)   seeking   appointment   of   a   Sole

Arbitrator   for   resolving   the   disputes   that   have   arisen

between the parties in relation to the Sub­Lease deed dated

14.11.2018.

2. The property  bearing  No.154­B,  Block  ‘A’  Sector  63,

Phase­III,  NOIDA,  Gautam Budh Nagar,  U.P.  having been

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initially   allotted   and   leased   by   New   Okhla   Industrial

Development  Authority   (‘NOIDA’   for   short)  under  a  Lease

dated 26.03.2003 had changed hands and  the   lease  was

ultimately   transferred  in  favour  of   the  petitioner  under  a

Transfer Memorandum dated 13.04.2011.

3. The petitioner thus having acquired absolute long­term

leasehold right of the land and building referred supra has

Sub­Leased   the   same   to   the   respondent  under   the  Sub­

Lease Deed dated 14.11.2018.  In respect of the ...