The Court:- The present petition has been filed under Section 11(6) of
the Arbitration and Conciliation Act, 1996, seeking appointment of an
Arbitrator.
Learned counsel for the petitioner submits that the parties had
initially entered into an agreement dated 8th October, 2014, whereby the
respondent was permitted to erect an advertisement hoarding and display
commercial advertisements on a structure measuring approximately 6000
sq. ft. situated along the boundary walls of Belvedere Road and Alipore
Road, being property belonging to the petitioner. The said agreement was for
a period of three years and expired in the year 2017.
It is further submitted that the parties thereafter entered into a fresh
agreement dated 1st November, 2021, in respect of a separate commercial
arrangement for display of hoardings, which also encompassed the subject
matter of the earlier agreement.
