NAVIN CHAWLA, J.

I.A. No.3771/2018

This application has been filed by the respondent seeking to address the oral arguments.

The petition had been heard and reserved for judgment on 05.03.2018 in absence of the counsel for the respondent.

For the reasons stated in the application, the same is allowed and the learned counsel for the respondent has been given an opportunity to make oral submissions in opposition to the petition.

O.M.P. (COMM) 536/2016

1. This petition under Section 34 of the Arbitration & Conciliation Act, 1996 (hereinafter referred to as the ‘Act’) has been filed by the petitioner challenging the Arbitral Award dated 13.05.2015 passed by the Sole Arbitrator adjudicating the disputes between the parties.

2. The disputes between the parties arose out of the Work Order/contract dated 05.05.2010 by which the respondent had taken on hire two “Pipelayer Caterpillar 583” (hereinafter referred to as ‘CAT 583’) for a period of three months on a monthly hire charge of Rs.3,07,000/- per unit. Some of the conditions of this contract are necessary to be reproduced for th