PNP 1 ARBAP118-12.10 IN THE HIGH COURT OF JUDICATURE AT BOMBAY O. O. C. J. ARBITRATION APPLICATION NO.118 OF 2010 Nagarjuna Construction Company Ltd. ..Applicant. Vs. State Bank of India ..Respondent. ..... Ms. Anjali Purav for the Applicant. Mr. A.G. Damle for the Respondent. ..... CORAM : DR.D.Y.CHANDRACHUD, J. 12 October 2010. P.C. : This is an application under Section 11(6) of the Arbitration and Conciliation Act, 1996. At the hearing of the application counsel appearing on behalf of the Respondent has stated before the Court that conciliation proceedings in respect of the items in dispute in the present application are being pursued. Learned counsel stated that in the event that no settlement is arrived at between the parties within a period of four weeks from today in the course of the conciliation proceedings, Chief General Manager (IT) of the bank shall proceed to make an appointment of a sole arbitrator in terms of the arbitration agreement. The statement is taken PNP 2 ARBAP118-12.10 on record and accepted. In view thereof the Arbitration Application is disposed of. Liberty to apply. (Dr. D.Y.Chandrachud, J.)