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2024 Supreme(Online)(DEL) 24988

DELHI HIGH COURT
VINGRO DEVELOPERS PVT. LTD. – Appellant
Versus
NITYA SHREE DEVELOPERS PVT. LTD. THROUGH ITS PRINCIPAL OFFICER & ORS. – Respondent


J U D G M E N T

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 Signature Not Verified Digitally Signed ARB.P. 667/2023 Page 1 of 15

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 admea

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