The Punjab and Haryana High Court has appointed a retired judge as a sole arbitrator to resolve a shareholder dispute within an IPL franchisee. The dispute centers on the rotational appointment of the chairman, with one shareholder invoking an arbitration clause in the company's articles of association. Opposing shareholders argued the matter should be handled as oppression and mismanagement under the Companies Act, but the court ruled its role was only to confirm the existence of an arbitration agreement, not to pre-judge the dispute's arbitrability.