GT Investments BV Gets Sole Arbitrator

Supreme Court allowed arbitration petition, appointing Ms. Mahalaxmi Pavani as sole arbitrator for GT Investments BV vs Kufri Hotels dispute.
Dispute stems from franchise agreement where respondent defaulted on royalty payments, owing Rs 32.1 lakh as of March 2022 and later Rs 45.37 lakh with interest.
Respondent failed to appear despite notice on 08.01.2026 and multiple opportunities, leading court to proceed with appointment.
Arbitration seat set in New Delhi, arbitrator to determine fees per Fourth Schedule of the Act; pending interlocutory applications disposed.