1. The present objections have been filed by the petitioner under Section 34 of the Arbitration and Conciliation Act, 1996 (hereinafter referred to as the “Act”) against the Award dated 20th November, 2009. The respondent raised certain disputes which were referred to the sole Arbitrator before whom the respondent filed its statement of claim.

In response thereto the petitioner filed its statement of defence together with Counter claims. The respondent then filed its rejoinder and defence to the counter claims of the petitioner, where both the parties led their respective evidence after which the learned Arbitrator passed the impugned award wherein he also awarded interest @ 12% per annum on the awarded amount with effect from 3rd May, 2002 to the date of award. The learned Arbitrator has awarded Rs. 50,000/- as cost of proceedings in favour of the respondent without giving any reasons also major parts and claims of the claimants have been rejected by the learned Arbitrator.

2. The relevant facts are that the respondent was awarded the work “C/O Link Road Under Pass” across Ring Road i/c slip road retaining wall for a tendered amount of Rs.1,16,56,344/- by the Executive Eng