arbap122-10 vai IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION ARBITRATION APPLICATION NO.122 OF 2010 International Mineral Trading Co. Pvt. Ltd. ....Applicant V/s. Sindal Sponge Ltd. ....Respondent Ms.Smita Jadhav i/b Mr.Vinod Juwale for the Applicant. Mr.Akshay Patil i/b M/s. Federal & Rashmikant for the Respondent. CORAM : S.J. VAZIFDAR, J. DATE : 15TH FEBRUARY, 2011. P.C. :- 1. This is an application under section 11 of the Arbitration and Conciliation Act, 1996. 2. The existence of the contract and of an arbitration agreement is not disputed. The parties however, are in the advanced stage of negotiations. The arbitration application is therefore, disposed of by the following order :- Mr.S.U. Kamdar, Senior Counsel of this Court, is appointed as a sole arbitrator. However, this order shall not come into force upto and including 30.4.2011. Further, in the event of the matter being settled between the parties, this order shall not come into force. No order as to costs.