JAYANT NATH, J.

1. This petition is filed under Section 34 of the Arbitration and Conciliation Act, 1996 (hereinafter referred to as the Act) seeking to impugn the Award dated 22.06.2016 passed by the learned Sole Arbitrator.

2. It may be noted that there are two petitions filed challenging the same Award dated 22.06.2016. The claimant/respondent No.1 had initiated the arbitration proceedings against seven parties/respondents. The Award has been passed by the learned Arbitrator against petitioner No.1 the Corporate Guarantor and respondents No.2 to 4. Respondent No.2 was the Principal Borrower, Respondents No.3 and 4 Guarantors were at the relevant time Directors of petitioner No.1 and respondent No.2. Respondents No.2 to 4 have filed a separate petition under Section 34 of the Act being OMP (COMM.) 450/2016 challenging the Award. This petition has been dismissed by this court on 20.09.2017. This petition was also listed on 20.9.2017 and could not be heard on the said date as the learned counsel for the petitioner had sought an adjournment. This matter was heard on 22.9.2017 when I heard learned counsel for the petitioner Shri Sandeep Sharma and learned counsel for responde