MANMOHAN SARIN, MANMOHAN
Delhi Development Authority – Appellant
Versus
Harbans Singh – Respondent
Manmohan Sarin, J.
1. Appellant-DDA has preferred this appeal impugning the judgment dated 17th September, 1992 passed by the learned Single Judge in Suit No. 2076-A/1990. The learned Single Judge dismissed the objections filed by the appellant-DDA vide I.A No. 11358/1990, against the arbitral award dated 28th March, 1990. With the dismissal of is 11358/1990 i.e the objections under Sections 30 & 33 of the Arbitration and Conciliation Act, 1940, the arbitral award dated 28th March, 1990, was made rule of the court except that the award granting future interest by the Arbitrator was set aside. The learned Single Judge while making the award rule of the court directed payment of interest @ 12% p.a on the awarded amount in respect of claim Nos. 1 to 6 from the date of award till payment. It was further ordered if the awarded amount of Rs. 7,86,245.08 together with interest @ 9% p.a and costs of Rs. 5000/- as awarded by the Arbitrator were paid within two months from 17th September, 1992, the decree would stand satisfied.
2. Appeal was admitted to hearing on 4th January, 1993. The Division Bench in CM 2/1993, vide orders dated 15th February, 1993, directed the appellant-DDA to
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