Judgment

SABYASACHI MUKHARJI, J.:- After hearing the parties fully we had by our order dated 10th March, 1988 dismissed the special leave petition under Art. 136 of the Constitution. We stated therein that we would indicate the reasons by a separate judgment later. We do so by this judgment.

2. This is a petition for leave to appeal under Art. 136 of the Constitution from the judgment and order of the learned Judge of the High Court of Bombay dated 2nd Feb, 1988. By the impugned judgment the learned Judge has rejected the application for revocation of the authority of respondent No. 1, Shri K.D. Bali, sole arbitrator under Ss. 5 and It of the Arbitration Act, 1940 (hereinafter called the Act). In order to appreciate the contentions raised, it may be stated that the International Airport Authority of India which was the petitioner in the High Court and is the petitioner herein had invited tenders for the work of construction of terminal building of new international passenger complex (Phase II) at the Bombay Airport at Sahar, Bombay. Respondent No. 2, M/s. Mohinder Singh and Company, a partnership firm having registered office at Delhi and carrying on business in Bombay submitted a te