[Arbitration Case (Civil) No.37 of 2014]. This application has been filed under Section 11(6) of the Arbitration and Conciliation Act, 1996 (hereinafter referred to as the "Arbitration Act") for appointment of an arbitrator to go into the disputes and differences that the petitioner claims to have arisen between the petitioner - Company and the respondents under an Agreement/Memorandum of Understanding dated 17.07.2013. According to the petitioner, the respondent No.1 - Muktinath Airlines Private Limited is the owner of a Helicopter Robinson R44 Raven II. The petitioner contends that the respondent No.1 - Company executed a power of attorney dated 20th June, 2013 authorising the respondent No.2 - Galaxy Aviation Incorporation Private Limited to sell the said Helicopter. A Memorandum of Understanding (for short "MOU") dated 4th July, 2013 was entered into between the respondent No.1 and the respondent No.2 incorporating the terms for the sale of the Helicopter.
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