MANMEET PRITAM SINGH ARORA, J. (ORAL)

1. The present appeal has been filed under Section 37(1)(c) of the Arbitration and Conciliation Act, 1966 (‘Act of 1996’) read with Section 13 of the Commercial Courts Act, 2015 with the following prayers:

“a) Set-aside the impugned judgement dated 11.02.2026 passed by the Ld. Single Judge in O.M.P(COMM) 34812024 titled as 'SNG Developers Limited vs. Lord Vardhman Buildtech Private Limited' and also Set-aside the Arbitral Award dated 22.04.2024 passed by the Ld. Sole Arbitrator in the arbitration between the parties.

b) Cost of the proceedings be awarded in favour of the appellant and against the respondent.

c) Pass such other order / orders as this Hon'ble Court deems fit and Proper.”

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

2.1. The appellant is the owner of land bearing No. S-S001, admeasuring approximately 5 acres, situated at P-8, Greater Noida, District Gautam Budh Nagar, Uttar Pradesh [‘subject plot’]. The dispute arises out of an Agreement to Sell [‘ATS’] dated 04.04.2011, whereby the appellant agreed to sell an area admeasuring 2.929 acres out of the said land i.e., part of the subject plot, to the responde