JUDGMENT :

(PER: HON'BLE MRS. JUSTICE ANU SIVARAMAN)

This Miscellaneous First Appeal is filed under Section 37(1)(c) of the Arbitration and Conciliation Act, 1996, ('the Arbitration Act' for short) against the judgment dated 21.09.2024 passed by the LXXIV Additional City Civil and Sessions Judge, Mayohall Unit, Bengaluru, (CCH-75) ('the trial Court' for short) in A.S. No.25003/2023.

2. We have heard Shri Mithun S.K., learned counsel appearing for the appellant and Shri. Udaya Holla, learned Senior Counsel as instructed by Shri. Sanjay H. Sethiya, learned Advocate appearing for caveator/respondent No.1.

3. The appellant was the claimant in A.C.No.134/2022. The claim was based on a Joint Development Agreement dated 22.10.2012. The claim raised was that respondent No.1 herein/developer had to pay an amount of Rs.47,46,17,454/- as compensation and in the alternative, to direct the developer to hand over 39,551 square feet of Super Built-Up area in the Schedule Property. The project in question was the construction of a multi- storied residential complex in property bearing No.98, Bull Temple Road, Basavanagudi, Bengaluru. The respondents being put on notice had submitted their objections t