Through this Application under Section 11 of the Arbitration and Conciliation Act, 1996 (Act 26 of 1996) (for short, 'the Act'), applicant Mohd. Imtiyaz Ahmed has sought the appointment of arbitrator for settlement of disputes between him and the respondents arising out of the Agreement of Development-cum-General Power of Attorney, dated 19.09.2007.

2. Background facts in a nutshell leading to filing of this Arbitration Application are : Respondents Mohd. Hussain Khan and Noor Ahmed Khan are owners of the houses bearing Municipal No.12-1-566 to 574, totally admeasuring 630 sq. yards. The applicant and the respondents entered into a registered Agreement of Development-cum-General Power of Attorney on 19.09.2007. The applicant had applied to the Greater Hyderabad Municipal Corporation for going ahead with the construction project and obtained sanction on 21.02.2008. A Supplementary Agreement of Development came to be executed between the parties on 18.10.2008 with regard to change in sharing of the constructed areas among them. The respondents got issued a notice dated 12.03.2009 terminating the contract. They also filed a suit O.S.No.408 of 2009 on the file of VII Senior C