UDAY UMESH LALIT, VINEET SARAN
Firm Rajasthan Udyog – Appellant
Versus
Hindustan Engineering & Industries Ltd – Respondent
JUDGMENT :
VINEET SARAN, J.
Leave granted.
2. The question for consideration in the present appeal is as to whether an Arbitration Award, which determined the compensation amount for the land to be paid under agreement for sale, can be directed to be executed as a suit for specific performance of agreement, when the reference to the Arbitrator (as per the agreement) was only for fixation of price of land in question, and the Arbitration Award was also only with regard to the same.
3. Briefly stated, the facts of this case are that the appellant no.1 is a partnership firm and other appellants are its partners. The appellant firm is owner of 249.60 Bighas (approximately 100 acres) of land, which was purchased by the appellant in the year 1966. The dispute in the present appeal relates to a period spreading over four decades. The said land was subject matter of acquisition, for which a Notification dated 13.03.1973 under Section 4 of the Rajasthan Land Acquisition Act, 1953 (for short, “Act of 1953”), was issued by the State of Rajasthan, which acquisition was for the benefit of the r
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