event of such arbitrator to whom the matter is originally referred / being transferred or vacating his office or being unable to act for any reason the Central Warehousing Corporation at that time shall appoint any other person to act as Arbitrator in accordance with the terms of this agreement. Such person shall be entitled to proceed with the reference from the stage at which it was left by his predecessors. The Arbitrator shall give a speaking award. The venue of Arbitration shall be at such place as may be fixed by the Arbitrator at his sole discretion. The cost of arbitration shall be borne by the parties as per the decision of the Arbitrator. The Arbitrator shall give separate award respect of each dispute or difference referred him, 4In to Subject as aforesaid, the Arbitration & Conciliation Act, 1996 shall apply to the Arbitration proceedings under this clause.” 10. The application under Section 11 specifically speaks about the dispute that has arisen under the agreement dated