Rajiv Shakdher, J.

Prefatory facts

1. This is a petition filed under Section 14 and 15 of the Arbitration and Conciliation Act, 1996 (in short “1996 Act”). The substantive prayers made in the petition are :-

(a) to appoint a Substitute Arbitrator in the matter

(b) fix a consolidated amount payable towards Arbitrator's fee.

(c) In addition thereto, the usual residuary prayer has been made which is to pass any other order that may be deemed fit and appropriate in the instant case.

2. The petitioners' grievance, principally, emanates from the order dated 14.07.2017, passed by the learned Arbitrator, whereby he has terminated the arbitration proceedings. Since, the order passed by the learned Arbitrator is brief, the same is extracted hereafter:-

“It is noted that the status as regard to the non-valuation of the claim by the Claimant remains the same despite specific observations made by this Tribunal on 12.4.2017 that the reliefs which are sought by the Claimant are certainly quantifiable but had not been quantified by the Claimant. Before the Ld. Coordinator also, the Ld. Counsel of the Claimant has maintained and declined to quantify the claim, which according to the Ld. Coordina