This appeal is directed against the decree and order dated 28.6.2002 in O.P. No. 549 of 2001 on the file of the Motor Vehicle Accident Claims Tribunal-cum-Additional Special Judge for SPE & ACB cases-cum Additional Chief Judge, City Civil Court, Hyderabad.

2. The appellants are the petitioners in the O.P. whereas the 151 respondent is the contractor and the 2nd respondent is the arbitrator. The appellants filed the aforementioned O.P. before the lower Court under Section 34 of the Arbitration and Conciliation Act, 1996 seeking to set aside the A ward passed by the 2nd respondent arbitrator.

3. The brief facts of the case that led to the filing of the present appeal, as projected in the O.P. are as follows:

The IS' respondent entered into an agreement with the appellants on 19.2.1990 for doubling of track between Thangadi Chegunta Stations by earth work in formation, construction of major/minor bridges and execution of miscellaneous works from Ch. 39000M to Ch. 43200M, Reach VII for a sum of Rs. 46,22,600/-, which was enhanced to Rs.55,01,253/- by way of additional works. The work was required to be completed by 31.10.1990, but actually it was com