K.C.BHANU, ANIS
Asian Securities & Estates Limited – Appellant
Versus
Nausheen Riyaz – Respondent
K.C. Bhanu, J.
1. The Civil Revision Petition is directed against the order dated 02.06.2014 in I.A. No. 178 of 2014 in O.S. No. 53 of 2014 on the file of the V Additional District Judge (Fast Track Court), Ranga Reddy at L.B. Nagar, Hyderabad.
2. The petitioner, who is defendant in the suit, filed a petition under Section 8 of the Arbitration and Conciliation Act, 1996 (for short, ‘the Act, 1996’) read with Section 151 of the Code of Civil Procedure, 1908 (for short, ‘CPC’) to refer the matter to Arbitrator for adjudication of dispute in view of clause 39 of the Development Agreement-cum-General Power of Attorney dated 22.01.2007. That petition was dismissed by the trial court, vide the impugned order.
3. The petitioner herein is defendant, and the respondents herein are plaintiffs, in the suit. For better appreciation, the parties are hereinafter arrayed as they are arrayed in the suit.
4. The averments of plaint, in brief, may be stated as follows;
Plaintiffs are owners of an extent of 640 square yards of land in plot Nos. 35, 35 (part) and 36 in survey no.38 of Kothaguda Village, Serilingampally Mandal, Ranga Reddy District. They came to know that the defendant a
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