ANDHRA PRADESH HIGH COURT ISSUES ORDER ON S. L. V. DEVELOPERS V/S SMT. KUCHIPUDI NAGABHAVANI AND OTHERS

AMARAVATI, India, May 15 -- Andhra Pradesh High Court issued the following order on April 10:

1. This is an application filed under Section 11 (5) of the ArbitrationandConciliation Act, 1996 (for short, "the Act of 1996"), seeking the appointment of an arbitrator for purposes of adjudicating the disputes arising out of andinconnection with the Development Agreement-cum-Irrevocable General Powerof Attorney, entered into between the parties, dated 19.04.2021.

2. The applicant's case is that it entered into Development Agreement-cum-Irrevocable General Power of Attorney with a view to developanopenland measuring Acs.3.392 cents, situate in Survey Nos.113/2, 113/4at Gunadala Village in Krishna District to build a modern multi-storiedresident...