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2018 (10) TMI 272 - SC - Indian LawsDisposal of Land remaining idle - closure of Joint Venture - rehabilitation scheme under the Sick Industrial Companies (Special Protection) Act, 1985 - disputes have arisen between the appellant (Company) and the State through its Authority called Maharashtra Housing and Area Development Authority (MHADA) in relation to the aforementioned land for its disposal etc. Held that:- The parties expressed that it is not possible to come to any mutually acceptable terms due to myriad reasons. The parties, however, requested to refer the matter to any sole Arbitrator and left it to the Court to pass appropriate orders in that behalf including an order appointing an Arbitrator to decide the dispute(s) by an award - thus, the various disputes which have arisen between the parties including the one which is the subject matter of the writ petition/appeal be referred to the sole Arbitrator for his decision. Mr. Justice R.V. Raveendranformer Judge of this Court is requested to act as a sole Arbitrator for deciding the dispute(s), which have arisen between the parties to this appeal - appeal disposed off.
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