1. This execution petition has been filed seeking execution of award dated November 30, 2006 passed by the learned sole Arbitrator who was appointed vide order dated October 4, 2001 in Arbitration Application No.339/1997 passed by the learned Additional District Judge. The sole Arbitrator, has in his award, directed as under;

(i) Rs.60,526.75, along with interest @ 20.5% per annum w.e.f 21st November, 1992 to 31st August, 1994, and 25.5% w.e.f 1st September, 1994, to the date of Award (strictly in terms of para 20 (h) (vi) (b) (ibid);

(ii) Rs.3,000/- along with interest @ Rs.18% per annum w.e.f. 22nd March, 1993, to the date of the Award;

(iii) Interest @ Rs.18% per annum on Rs. 13,000/- w.e.f. 22nd March, 1993, to 24th March, 1994, and also on the amount of such unpaid interest hereof to the date of the Award ;

(iv) Rs.50,000/- towards the cost incurred by the Claimant on account of litigation and Arbitration expenses, Claimant's Counsels fees and Arbitrator's fee, etc., (inclusive of the 50% unpaid share of the Respondents paid by the Claimant),

(v) Rs.3,525/- incurred by the Claimant on account of cost of Public Notice date 15th November, 2003, published in The Statesman, N