( 1 ) SHRI Prakash Chand Khurana respondent mortgaged his property at plot No. 27, Rajindra Park, Pusa Road) New Delhi with Shri Harnam Singh Sachdev, for a sum of Rs. 22,000. 00 vide registered Mortgage Deed dated 17th January, 1970. The Mortgage Deed contained an arbitration clause. Disputes arose and therefore, Shri Harnam Singh Sachdev on 9th December, 1971 filed an application under section 20 of the Arbitration Act for reference of the disputes to the. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . named arbitrator. Shri Krishan Lal Dhall s/o. Shri Anant Ram Dhall, 5/39, W. E. A. Karol Bagh, New Delhi. The Court vide order dated 6th April, 1977 accepted the application and referred the matter to the said arbitrator. During the pendency of arbitration proceedings the time for making the award expired and applications were made from time to time under section 28 of the Arbitration Act for extension of time. Last such application was made on 15th March, 1979 and the Court extended time unto 30th November, 1979 for the making of the awar