JUDGMENT :

VIBHU BAKHRU, J.

[Hearing held through videoconferencing]

1. The petitioner has filed the present petition under Sections 14 and 15 of the Arbitration and Conciliation Act, 1996 (hereafter ‘the A&C Act’) praying that the mandate of the learned Arbitrator be terminated and another Arbitrator be appointed in his place.

2. The respondent (hereafter ‘DSIIDC’) had issued a Notice Inviting Tender (NIT) for executing the work of “Construction of Halfway/Long Stay Home for Social Welfare Department at Sector 22, Rohini, Delhi”.

3. The Contract value of the said work was fixed at Rs.4,70,35,632/- and, it was stipulated that the work would be completed within a period of sixteen months. The petitioner submitted its bid for the said work and was awarded the Contract for executing the work in question by a Letter of Award (hereafter “LoA”) dated 07.08.2012. It was stipulated that the work would be executed on or before 15.12.2013. It is stated that the execution of the work was inordinately delayed. The petitioner claims that the work was completed on 30.03.2015. The petitioner had raised a Final Bill and, it is stated that the same was cleared on 14.05.2019. Certain disputes have arisen