Arbitration & Conciliation Act, 1996–Sec. 11–Application for appointment of arbtritrator–Maintainability of–Clause 16 of the agreement showing that the dispute was to be resolved amicably and if it is not resolved by such way, the arbitrator was to be appointed–Procedure of amicable settlement was necessary to be followed as it was the condition precedent for invoking the arbitration clause–Held, application deserves to be dismissed being premature.
