-1- IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION ARBITRATION APPLICATION NO. 205 OF 2006 Supreme Telecommunications Ltd. ....Applicant Versus IOL Broadband Limited ..Respondent Mr. V.P. Vaze for the applicant. Mr. Akshay Vani for the respondent. CORAM: SWATANTER KUMAR, C.J. & DATE: APRIL 27, 2007. P.C. In this case it is stated by the learned counsel for the applicant that the applicant had already nominated Mr. Justice S.C. Pratap, retired Chief Justice of the Andhra Pradesh High Court as their Arbitrator. The learned counsel appearing for the respondent has stated in Court today that respondent is not opposing the constitution of the Arbitrator and is also conceding to the existence of the arbitration agreement and the factum of dispute between the parties. The learned counsel for the respondent further stated that the respondents had agreed to appoint Mr. J.G. Chitre, retired Judge of this Court as their -2- nominee Arbitrator. In view of the statement made by the counsel appearing for the parties, nothing survives in this application. Both the Arbitrators appointed by the respective parties shall appoint the third Arbitrator and proceed with the matter in accordance with law. This application is accordingly disposed of. CHIEF JUSTICE