OM SWAYAMBHU SIDDHIVINAYAK vs HARISCHANDRA DINKAR GAIKWAD AND ORS.

906-ARA-21-2025-OJ-F.doc IN THE HIGH COURT OF JUDICATURE AT BOMBAY CIVIL APPELLATE JURISDICTION ARBITRATION APPEAL NO. 21 OF 2025 Om Swayambhu Siddhivinayak …Appellant Versus 1. This is an Appeal filed under Section 37 of the Arbitration and Conciliation Act, 1996 (“the Act”) challenging an order dated March 11, 2025 (“Impugned Order”) rejecting an application filed by the Appellant under Section 8 of the Act. The disputes and differences between the parties relate to transactions between them arising out of a Development Agreement, dated May 3, 2011 (“Development Agreement”) and a further Supplemental Agreement dated May 25, 2021 (“Supplemental Agreement”). November 4, 2025 Shraddha 906-ARA-21-2025-OJ-F.doc 2. The Appellant, Om Swayambhu Siddhivinayak (“Developer”) had agreed under the Development Agreement to provide a certain specified area of developed property to the Respondents, who are the owners of the land on which the development was to take place (“Owners”). The Owners have filed Special Civil Suit No. 157 of 2024 before the 4th Joint Civil Judge, Senior Division, Kalyan, inter alia, seeking specific performance of the provision of certain saleable area to the Owners (in