( 1 ) THE appellant through the present appeal has taken exception to the judgment and order dated August 19, 1996 passed by the Additional District Judge whereby the learned lower Court allowed the application under Sections 14 and 17 of the Arbitration Act and made the award dated 3rd May, 1988 passed by Shri L. M. Asthana, Arbitrator a rule of the Court.

( 2 ) FACTS in brief which led to the presentation of the present appeal are as under: that the respondent herein moved an application under Sections 14 and 17 of the Arbitration Act for making the award alluded to above a rule of the Court and to pass a decree in terms thereof on the ground that the respondent are a company with limited liability having their registered office at 82/2 (33) Chandni Chowk, Delhi Shri Vikas Chander is the Director in-charge of the respondent. He is the principal officer of the said company and is therefore, competent to sign and verify the petition. The appellant and the respondent No. 1 herein entered into an agreement dated September 19, 1993 whereunder Shri L. M. Asthana, vocate, respondent No. 2, was chosen as an arbitrator to settle the disputes and differences in between the