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2024 Supreme(Online)(DEL) 8088

HIGH COURT OF DELHI
DINESH KUMAR SHARMA, J
VINGRO DEVELOPERS PVT. LTD. – Appellant
Versus
NITYA SHREE DEVELOPERS PVT. LTD. – Respondent


Advocates:
For the Appellants/Petitioners: Mr. Mohit Potalia
For the Respondents: Mr.Nityanand Singh, Ms.Aachal Sah

JUDGMENT

DINESH KUMAR SHARMA, J.

1. The present petition has been filed under section 11 of the Arbitration and Conciliation Act, 1996 , seeking appointment of an arbitrator for adjudication of the disputes inter-se having been arisen between the parties out of agreements dated 18.11.2016 and 08.02.2017 with respect to the purchase of plots in the Respondent‟s project.

2. A bare perusal of the material on record reflects that Respondent No.1 being engaged in the business of development and construction of real estate entered the two Builder Buyer Agreements dated 18.11.2016 and 08.02.2017 with the Petitioner with respect to the Respondent‟s Residential Township Project namely “RLF City” situated at Khasra No. 118, Khasra No. 120 & Khasra No. 431/119 at Village Salarpur, Tehsil Tijara, District Alwar Rajasthan 301019. The Respondent no. 2 and 3 are the directors and authorised representatives of Respondent No.1 and thereby, in this capacity, Respondent No.2 signed the Builder Buyer Agreements on behalf of Respondent no.1.

3. The parties executed 8 Builder Buyer Agreements dated 18.11.2016 for 8 plots of land admeasuring 125 sq. yds each and subsequently, 4 additional Builder Buyer Agre

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