why is it necessary to have it in the third quadrant.
Because you're finding the argument of

which, if you draw it on the argand diagram is in the 3rd quadrant.
they say it has to be between -pi and pi thus isnt this the whole circle? one half loop anti clockwise and one clockwise?
and wouldnt adding / subtracting 2pi get you in the same position?
Yes, the argument has to encompass the whole circle because you can have complex numbers with any angle. Yes, adding/subtracting 2pi gets you to the same position, which is the whole point of doing so. Its just that, since we're using a circle, its easier to deal with the simplest form of the angle as possible (kind of like simplifying fractions). The simplest form of the angle is between -pi and pi, which is why the
principal argument has this domain restriction. We're not changing the complex number or angle in anyway, we are just trying to simplify the number to make it easier for more complex manipulations later.
and i thought lowercase a for arg was not restricted?
Yes, arg is not restricted but Arg is. arg is just called the argument and Arg is the principal argument.