JUDGMENT :

M/s Reach Global has approached this Court through its partner Lalit Prakash for appointment of an Arbitrator under section 11(6) of the Arbitration and Conciliation Act, 1996 (in short, AC Act).

2. Briefly stated, the applicant entered into Development Agreement dated 28th July 2020 for developing a piece of land admeasuring about 17 Kathas comprised under Mauza-Kokar within Thana Sadar (Thana No. 197), corresponding to Holding No. 874/A within Ward No. 8 of the district-Ranchi. The aforesaid Development Agreement contains a clause for arbitration under Article IX which deals with legal procedures. Sub-clause 4 to Article IX provided that the parties had agreed that all dispute between the land owner and the developer shall be referred to sole arbitrator in accordance with the provisions of the AC Act. According to the applicant, some dispute arose with the land owners on account of which it became necessary for it to invoke the aforesaid arbitration clause for resolution of the dispute through arbitration. The applicant has therefore issued letter dated 18th January