The case involves a dispute between the M.P. Rural Road Development Authority and M/s. L.G. Chaudhary Engineers & Cont. over the termination of a works contract and encashment of a ... bank guarantee. The respondent challenged the termination and sought arbitration under the Arbitration and Conciliation Act, 1996, while the appellant argued for arbitration under the Madhya Pradesh Madhyasthan Adhikaran Adhiniyam, 1983. The High Court appointed an arbitrator under the 1996 Act, but the Supreme Court, finding the High Court's decision to be 'per incuriam', referred the matter to the M.P. Arbitration Tribunal. However, a dissenting opinion suggested that the dispute, due to the contract's termination, should be referred to an independent arbitrator under the 1996 Act.