PRADEEP SINGH YERUR
Shreshta Developers – Appellant
Versus
Suresh S/o Rangappa Yadahalli – Respondent
ORDER :
1. This Civil Miscellaneous Petition is filed under Sec. 11(6) of the Arbitration And Conciliation Act, 1996 (hereinafter referred as ‘the Act’ for brevity) for appointment of an arbitrator in terms of agreement dated 29.02.2020 vide Annexure-A entered into between the petitioner and respondent No. 1.
2. Learned counsel for the petitioner has brought to the notice of this Court that the agreement entered into between petitioner and respondent No. 1 dated 29.02.2020, wherein at Para No. 3 there is a provision for a arbitration clause and appointment of an arbitrator for resolving the dispute arising between the parties. It is the contention of learned counsel for petitioner that petitioner is a partnership firm engaged in the business of development of real estate, respondent No. 1 is the owner of property bearing CTS No. 9689 situated at Veerabhadra Nagar, Belagavi and respondent Nos. 2 to 4 are the wife and children of respondent No. 1. Petitioner had entered into an agreement with respondent No. 1 for development of property stated above into a multistoried building consisting of residential houses and commercial shops. The joint development agreement was executed on 29.01.
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