B.P.SARAF, M.S.RANE
Ravindra Anant Deshmukh – Appellant
Versus
City and Industrial Development Corporation of
Maharashtra Ltd. – Respondent
2.The material facts of the case, briefly stated, are as follows: The appellant, who carries on the business of building contractors and developers in the name and style of "United Precast Products", entered into an agreement with the respondent, City and Industrial Development Corporation of Maharashtra Limited (CIDCO), for construction of 14 buildings comprising of 168 tenements at Nerul Road, New Bombay. The contract contained an arbitration clause which provided for reference of doubts, disputes and differences arising between the parties to arbitration. The said clause reads:
"83.Arbitration : Except where otherwise specified in the contract, the decision of the Chief Engineer (CIDCO) shall be final, conclusive and binding on all parties to the contract upon all questions relating to the meaning of the specifications
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