share in the land owned by R1 and R2 (to be noted, R3 has purchased on the strength of a power of attorney executed by R1 and R2 in favour of appellant/builder company); that the issue is anchored on a 'Joint Venture Agreement dated 15.03.2015' (hereinafter 'said JV Agreement' for the sake of convenience and clarity); that said JV Agreement was between predecessor in title/mother of R1 and R2 and appellant/builder company, subsequently R1 and R2 stepped into the shoes of their mother on her demise; that the said JV Agreement is for development of a property at Old No.3/New No.2, Hanumanthan Street, T.Nagar, Chennai – 600 017 made up of land area of two grounds and 80 sq.ft. or thereabouts and built up area of about 3000 sq.ft. standing on the same; that the said JV Agreement was for bringing down the existing superstructure and to put up a new construction; that ownership of new construction together with the land was to be shared in a given ratio as between the owners and the builder; that pursuant to this 'General Power of Attorney' (hereinafter 'GPA' for the sake of convenience and clarity) executed by owners in favour of developer/builder, one undivided share has been sold on the strength of this GPA by builder to R3; that the said JV Agreement ran into rough weather owing to which, arbitration clause under said JV agreement was triggered and 'Arbitral Tribunal' (hereinafter 'AT'
