{"id":159228,"date":"2009-10-20T00:00:00","date_gmt":"2009-10-19T18:30:00","guid":{"rendered":"https:\/\/www.legalindia.com\/judgments\/ms-bhuruka-gases-ltd-vs-ms-praxiar-india-pvt-ltd-on-20-october-2009"},"modified":"2018-05-02T18:25:08","modified_gmt":"2018-05-02T12:55:08","slug":"ms-bhuruka-gases-ltd-vs-ms-praxiar-india-pvt-ltd-on-20-october-2009","status":"publish","type":"post","link":"https:\/\/www.legalindia.com\/judgments\/ms-bhuruka-gases-ltd-vs-ms-praxiar-india-pvt-ltd-on-20-october-2009","title":{"rendered":"M\/S Bhuruka Gases Ltd vs M\/S Praxiar India Pvt Ltd on 20 October, 2009"},"content":{"rendered":"<div class=\"docsource_main\">Karnataka High Court<\/div>\n<div class=\"doc_title\">M\/S Bhuruka Gases Ltd vs M\/S Praxiar India Pvt Ltd on 20 October, 2009<\/div>\n<div class=\"doc_author\">Author: Ajit J Gunjal<\/div>\n<pre>C M P NO.70(2008\n\nI\nIN THE HIGH COURT OF }{ARNA'I'AI{A AT BANGALORE\n\nDATED THIS THE 20TH DAY OF OCTOBER 2009 \nBEFORE' _ I _\nTHE HON'}3LE MRJUSTICE AJIT J GUNLII\u00a7:V.;.\" \ufb02i\"'--C:  '\nCIVIL MISCELLANEOUS PE'I'IT_iQN_I\u00a7IO.'iOI\/2;:6{j8I\"I: \n\nBETWEEN\n\n1V\u00a3\/S BHURUKA GASES LTD  \nA COMPANY INCORPORATED UNDER 'I'\u00a3~iE' \n\nCOMPANIES ACT 1956 HAVING ITS  \nREGD. OFFICE AT WHITE FIELD ROAD _\nMAHADEVAPURA, BANGAIDREASGO 04$\" - '\n\nREP. BYIS DIRECTOR   _   \nIV{R.R.C.PUROPII'I' \"     *AI._._I_19E'rVITIONER\n{SRI.VIVEKHOLLA,ADv.}  I. I I\n\nAND H      \n\nNI\/S I&gt;RAXI.AR1NDIAI%v*IjLTD   _ --\n\nA COMPANYAINCORPORATED ._UNDER THE\n\nCOMPANIES ACTISSS, '  ._  \n\nHAVING ITS REGD. OFFICEAT RRAXIAR HOUSE\n\nNOS, ULSOOR ROAD, SA.*\\IOAICRE_560 042\n\nREP. BY IRS lV\u00a3ANAG\u00a3NG'DIRECTOR  RESPONDENT\n\n I[*3RI.1\\\/I\"\u00a3.Ji:?'AI;Iw.&amp; CO, ADV'S;}\"'' ''\n\n; *   '\u00a7.\\\/IISC.PE'I'I'I'IOI\\\u00a5 IS FILED U\/S.l1[5) OF THE\nARI3I'ITRAT1ON\"I.ANDII'-CONCILIATION ACT, 1996, PRAYING TO NOMINATE\nAN 'ARBITRA\"l\"O'R ON BEHALF OF THE RESPONDENT IN TERMS OF\nCLAUSE 19.2 OFf1'I\"\"\u00a3E3 SAID AGREEEMENT AND AWARD COSTS OF' 'I\"i\"EIS\n\n.PE'I'ITEON  THE PETITIONER IN THE INTEREST OF JUSTICE.\n\n : CIVIL MISCELLANEOUS PETI'I'ION COMING ON FOR\n\nI  ADMISSION, THIS DAY. THE COURT, MADE THE FOLLOWING:\n\n\n\nC M P NO.70 2008\n\n2\nORDER\n<\/pre>\n<p>The petitioner has \ufb02ied this petition under Sectiongvl 1 of<br \/>\nthe Arbitration and Conciliation Act, 1996. The petitioun-er&#8217;~Vis<br \/>\nengaged in the business of manufacturing and  .<br \/>\nindustrial gases. The petitioner and .;the_&#8217;respond\u20ac,fm:  .,..<br \/>\ninto an Liquid Product Sales Agreement<br \/>\nof which the petitioner was requfired tofsulpply<br \/>\nmeters of liquid oxygen and  epbicrneterslvfof liquid<br \/>\nnitrogen every month to  at the  rate of<br \/>\nRs.8.10 ps. Per cubic Vofffgen and liquid<br \/>\nnitrogen. The  &#8216;\u00a7}\u00a2asipV.fffor sixty months<br \/>\n the said agreement, the<br \/>\nrespondent&#8217;   agreed that it would take<\/p>\n<p>atieast _5,,67,oo&#8217;o pubis meters of liquid oxygen and 2,43,ooo<\/p>\n<p> Vcubicarieiiers  liquid&#8221;&#8221;nVitrogen in any calendar month. On<\/p>\n<p> respondent informed the petitioner about its<\/p>\n<p>&#8216;   inahility totiift: balance quantity of liquid oxygen and liquid<\/p>\n<p>dff&#8221;&#8216;-..\u00ab.4_&#8217;i1i.trogen&#8221; the month of September 2006 due to loss of<\/p>\n<p>  eiistoriiers and requested the petitioner to waive the minimum<\/p>\n<p> Mtakei or pay quantity for the month of September 2006. Suffice<\/p>\n<p>\ufb01x<\/p>\n<p>C M P N070 2008<\/p>\n<p><span class=\"hidden_text\">3<\/span><br \/>\nit to say that a dispute has arisen between the petitioner and<br \/>\nthe respondent regarding the terms of agreement in as mupeiac as<\/p>\n<p>the supply and iifting of the requisite oxygen and  Ffiae <\/p>\n<p>petitioner pursuant to clause 19.2 of the agreernent &#8216;issued _&amp; is <\/p>\n<p>notice seeking to refer the dispute<br \/>\nthe parties to arbitration_ I   \u00bb<br \/>\nS.Shivashankar Bhat, former J this Court   the V<br \/>\ndispute between the parties,&#8217;I&#8217;11e\u00bbre&#8217;spondent hasinotrepiied to<br \/>\nthe notice. Hence, this petition)&#8217; is  is V d<\/p>\n<p>2. When.. *.h:e&#8217;:~.matter  up learned counsel<\/p>\n<p>appeaI1ngv&#8217;&#8211;for.A&#8217;thie&#8217;   the name of Justice<br \/>\nP.VisWanatha Siiettj\ufb02 -~ .f\u00a2m\u00a7&#8217;e;_:Ji1dge of this Court be appointed<\/p>\n<p>as an Arbitrator;  learned counsel appearing for<\/p>\n<p> the petitioner has no objection for Justice P.Viswanatha Shetty<\/p>\n<p> an Arbitrator to resolve the dispute between<\/p>\n<p>t}&#8217;ie~pa&#8211;rties&#8217;. following order is passed.<br \/>\n .. V&#8221;&#8217;V.pV(a)4fPetition is allowed.<br \/>\n (33) Justice P.Viswanatha Shetty former<\/p>\n<p> iddudge of this Court is appointed as an Arbitrator<\/p>\n<p>\u00abft<\/p>\n<p>X&#8221;\n<\/p>\n<p>JL<\/p>\n<p>C M P N0.7O 2008<\/p>\n<p><span class=\"hidden_text\">4<\/span><br \/>\nto resolve the dispute. The Arbitrator shall enter<br \/>\nreference and cause notice to the parties. The<br \/>\nRegistry is directed to communicate this orcierto&#8221;:  ~<br \/>\nthe Arbitrator. &#8216; it 2<\/p>\n<p>Petition stands disposed of aCcojr&#8217;ding1y.\u00ab_ <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Karnataka High Court M\/S Bhuruka Gases Ltd vs M\/S Praxiar India Pvt Ltd on 20 October, 2009 Author: Ajit J Gunjal C M P NO.70(2008 I IN THE HIGH COURT OF }{ARNA&#8217;I&#8217;AI{A AT BANGALORE DATED THIS THE 20TH DAY OF OCTOBER 2009 BEFORE&#8217; _ I _ THE HON&#8217;}3LE MRJUSTICE AJIT J GUNLII\u00a7:V.;.&#8221; \ufb02i&#8221;&#8216;&#8211;C: &#8216; CIVIL [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8,20],"tags":[],"class_list":["post-159228","post","type-post","status-publish","format-standard","hentry","category-high-court","category-karnataka-high-court"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>M\/S Bhuruka Gases Ltd vs M\/S Praxiar India Pvt Ltd on 20 October, 2009 - Free Judgements of Supreme Court &amp; 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