Gaurang Kanth, J. :-
1. The Appellant has preferred the present Arbitration Petition under Section
37(2)(b) of the Arbitration and Conciliation Act, 1996, challenging the
interim award dated 16.05.2025 passed by the learned Sole Arbitrator in
the arbitral proceedings arising between the parties.
2. The facts relevant for adjudication of the present petition are briefly noted
below.
3. The Respondent is the owner of land measuring 91.5 decimals (55 cottahs)
situated at Municipal Holding No. 148, Block-A, Gopalpur, Jagardanga
Main Road, Rajarhat Six Lane Expressway, Kolkata. By a Development
Agreement dated 07.04.2014, the Appellant was appointed as the
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developer in respect of the said property, while the Respondent remained
the landowner. In furtherance thereof, a registered Power of Attorney was
executed by the Respondent in favour of two representatives of the
Appellant to facilitate implementation of the development project.
