arbap95-10 vai IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION ARBITRATION APPLICATION NO.95 OF 2010 Reliance Life Insurance Co. Ltd. ....Applicant V/s. Azilon Software Solutions Pvt. Ltd. ....Respondent Mr.S.G. Roy with Mr.Rahul Totola i/b Vidhi Partners for the Applicant. Mr.Samit Shukla with Ms.Heta Shah i/b Naik Paranjpe & Company for the Respondent. CORAM : S.J. VAZIFDAR, J. DATE : 21ST JANUARY, 2011. P.C. :- 1. The arbitration application has been filed under section 11 of the Arbitration and Conciliation Act, 1996. 2. There is no dispute that the parties had entered into an agreement and clause 17 thereof contains an arbitration agreement. I heard the matter at length and dictated a detailed order, allowing the application. Thereafter, I was requested by the learned counsel for the respondent not to furnish reasons. Accordingly, I have dictated this fresh order. 3. The arbitration agreement contemplates the arbitral tribunal of three arbitrators. Both the counsel however have requested me to appoint a sole arbitrator with a view to saving costs and for convenience. 4. By consent, Mr.M.P.S. Rao, Senior Counsel is appointed as the sole arbitrator.