( 1 ) INVOKING the jurisdiction of this Court under Section 11 (5) of the Arbitration and conciliation Act, 1996 the applicant has filed this application praying for appointment of an arbitrator for resolution of the disputes between the applicant and the respondents.

( 2 ) THE applicant claims to have purchased an extent of Ac. 2. 02 guntas and ac. 2. 24 guntas of land, comprised in sy. Nos. 396 and 399 respectively of medchal Taluk, Attavalli village, Ranga reddy District, benami in the names of respondent Nos. 1 and 2, under registered sale deeds. Respondent Nos. 1 and 2 are closely related to the applicant, respondent no. 2 being his sister and respondent No. 1 being the daughter-in-law of respondent no. 2. In order to safeguard the interest of the applicant, an agreement acknowledging the real ownership of the property was executed by the parties on 6-2-1990 which according to the applicant reveals the real ownership of the applicant and the intention of the parties about the entire sale transaction. The said agreement contains an arbitration clause in clause 8, which lays down the course of action to be taken by the parties in case any disputes arise amongst them, and names o

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