ORDER

With the consent, the case is heard finally.

1 .The present application under section 11(6) of Arbitration & Conciliation Act, 1996 has been preferred at the instance of applicant for appointment of an arbitrator.

2 .Precisely stated facts of the case are that applicant entered into an agreement with respondent known as “VIVO Branding Agreement” on the premises of the applicant where hoarding was to be erected by the respondent and its agent. The said agreement was executed between the parties on 25.3.2017 (Annexure A/1).

3 .As per the agreement, the respondent had to use the space of the applicant at his premises situated at 42, Sheela Sadan, New Market, T.T. Nagar, Bhopal, under the agreement titled as VIVO Branding Agreement. The agreement specified that the applicant had to receive an amount of Rs.75,000/- per month payable through RTGS as per paragraph no.10 of the agreement.

4 .It is the allegation of applicant that since execution of agreement and handing over possession of the space on the premises of applicant, the respondent has not paid any amount till date. Therefore, an amount of Rs.9,00,000/- has become payable to the applicant by the respondent