Jayant Nath, J.

1. This petition is filed under Section 34 of the Arbitration and Conciliation Act, 1996 (hereinafter referred to as the Arbitration Act) seeking to impugn the Award dated 06.03.2017. The petitioner Company is said to be working in the real estate sector. The respondent Company is engaged in providing services of central air conditioning.

2. The petitioner invited tenders for installation and commissioning of a HVAC (Heating, Ventilation and Air Conditioning) system in Viva Collage Mall situated at 12 KM Jalandhar-Phagwara Road, Jalandhar, Punjab in 2008. The contract was awarded to the respondent for a total contract price of Rs.12,71,40,000/-. A contract agreement was executed on 08.02.2008. It is contended by the petitioner that as per the contract, the respondent Company had to supply/install, test and commission 4 chillers, 3 imported centrifugal water cooled chilling machine of 650 TR capacity and 1 Rotary screw water cooled chilling machine of 220 TR capacity. An order dated 11.02.2018 was issued to the respondent.

3. It is also the contention of t