Nature of grievance

ARBITRATION FOR SPECIFIC PERFORMANCE OF A CONTRACT: Where under the Contract, any party refuses or neglects to perform his part of the contract, and where there exist any Arbitration Agreement between the Parties therein, Arbitration proceedings may be initiated for the specific performance of the contract and other reliefs, within 3 years (unless otherwise agreed) from the date fixed for the performance of such contract, or, if no such date is fixed, when the aggrieved person has notice that performance is refused, having regard to Article 54 of the Indian Limitation Act, 1963