JUDGMENT

Amit Mahajan, J. - Feeling aggrieved by the judgment dated 09.12.2021 passed by the learned Single Judge under Section 34 of the Arbitration and Conciliation Act, 1996 (hereafter 'the A&C Act') dismissing the challenge raised to the interim award dated 01.11.2021, the appellant has filed the present appeal under Section 37 of the A&C Act.

Relevant Facts

2. The respondent, Vardhman Buildtech Private Limited (hereafter 'Vardhman') filed a Statement of Claims before the Arbitral Tribunal, claiming that they had entered into a Collaboration Agreement dated 16.03.2010 for development of the appellant's land situated at P-8, Greater Noida, District Gautam-budh Nagar (U.P.). It claims that it had paid a sum of ?6.5 crores at the time of execution of the said agreement.

3. It is claimed that the appellant, thereafter, decided to sell part of the plot of the said land and entered into an Agreement to Sell dated 04.04.2011 for a total sale consideration of ?7.5 crores.

4. Certain disputes arose in relation to the transactions, which led to the arbitral proceedings.

5. Before the Arbitral Tribunal, Vardhman claimed as under:

a. Direct respondent to get registered the sale deed of 2.929 Acre