Rajiv Sahai Endlaw, J.

1. The appeal impugns the judgment and decree (dated 04.06.2013 of the Court of Additional District Judge (ADJ)-1, New Delhi District, Patiala House Courts, New Delhi in Suit No.11/2011 (ID No.02403C0004482011) filed by the respondent) in favour of the respondent/plaintiff and against the appellant/defendant for recovery of Rs.5,02,500/- together with costs and interest, pendente lite and future at 10% per annum.

2. Notice of the appeal was issued and the Trial Court record requisitioned. The respondent/plaintiff has filed cross objections. The appeal and the cross objections were admitted for hearing and with the consent of the counsels heard finally and judgment reserved.

3. The respondent/plaintiff on 22.01.2011 instituted the suit from which this appeal arises for recovery of Rs.5,25,000/- from the appellant/defendant with interest at the rate of 12% per annum with effect from 23.03.2007 and till the date of payment, pleading:

(i) that the respondent/plaintiff, a senior advocate was on 06.04.2005 appointed by the appellant/defendant as a Presiding Arbitrator in two arbitration matters registered with the appellant/defendant as AC No.1430/2005 and AC