M/S ASIAN AVENUES PVT LTD vs SRI SYED SHOUKAT HUSSAIN

The Supreme Court addressed the appeal concerning the cancellation of a Development Agreement between the parties. The appellant contended that the dispute should be referred to arbitration as per the arbitration clause in the agreement. The court upheld the trial court's decision to reject the application for arbitration, affirming that the respondent was entitled to seek a decree for cancellation of the agreement and possession of the property.