Reva Khetrapal, J.

1. This appeal filed under Section 37 of the Arbitration and Conciliation Act, 1996 arises out the judgment and order dated 30th October, 2009 passed by the learned Single Judge, dismissing the objections filed by the appellant against the award dated 14th/23rd August, 2009 passed by Mr. J.S. Sood, Sole Arbitrator.

2. The facts relevant for deciding the appeal are as follows:-

(a) The respondent No. 2, Smt. Sushila Bajaj filed a claim before the Arbitrator against Sh.S.C. Aneja, predecessor-in-interest of the appellant alleging thereunder that Sh.S.C. Aneja, who was allotted a commercial land bearing No. P-2, Sector-5, Noida measuring about 850 sq. yds. for the construction and running of a temporary cinema, had entered into a Collaboration Agreement with her on 5th January, 1983. The said Collaboration Agreement was entered into by Sh.S.C. Anejha as he was not in a position to pay the amount demanded by the Noida Authority towards the allotment as well as for raising the construction and running the cinema thereon. In pursuance to the said Agreement, the respondent No. 2 paid money to the Noida Authorities and invested a sum of Rs. 20 lakhs on the construction of t