: 1 : IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION SUMMARY SUIT NO.2198 OF 2005 Kranti Kumar Jain ....Plaintiff V/s. Oswal Vinyl Indsutries Pvt. Ltd. ....Defendant Mr.T.N. Vora i/b Mr.V.L. Punjuani for the Plaintiff. Mr.Ajay Panicker for the Defendant. CORAM : S.J. VAZIFDAR, J. DATED : 14TH NOVEMBER, 2006. P.C. : 1. By consent the suit is placed on board and called out for hearing. 2. The learned counsel appearing on behalf of the parties state that their clients desire to refer all disputes and differences in the suit as well as all other disputes and differences between themselves in respect of the suit transactions to the sole arbitration of Mr.M.P.S. Rao, an advocate of this Court. They also state that the counter-claim and/or set off/equitable set off, if any, of the Defendant be referred to the arbitration as aforesaid. Both the learned counsel state that they have authority from their respective clients to have the matter referred : 2 : to arbitration as aforesaid. 3. In the circumstances, by the agreement of the parties, all the disputes and differences in the suit including the counter-claim and/or set off/equitable set off, if any, of the Defendant stand referred to the arbitration of Mr.M.P.S. Rao. It is further agreed that the learned arbitrator shall have summary powers but shall give a reasoned award. 4. The suit is accordingly disposed of. Refund as per rules.