1. The present petition under Section 34 of the Arbitration and Conciliation Act, 1996 (hereinafter referred to as the ‘Act’) has been filed by the petitioner challenging the Arbitral Award dated 14.07.2017 passed by the Sole Arbitrator in Wishwa Mittar Bajaj & Sons (Constructions) Pvt. Ltd vs. BPTP Ltd., DAC/385/03-13 (hereinafter referred to as impugned Award).

2. The respondent vide its Letter of Intent dated 18.04.2007 had awarded the work of construction of Towers (G, H, J & K) for Group Housing Project at Sector-82, Faridabad to the petitioner. A work order dated 19.04.2007 was thereafter issued by the respondent in favour of the petitioner for the above-mentioned work. The stipulated cost of the project was Rs. 16,48,14,449/- and was to be completed within a period of 21 months from the date of possession of the site. The petitioner claims that there were defaults on the part of the respondent not only in supply of drawings, decisions, steel, Ready Mix Concrete (RMC) etc., but also in release of payments under the Running Bills. The petitioner in this regard has made reference to various correspondence that were exchanged between the parties, however, I need not dea