JUDGMENT :

VIBHU BAKHRU, J

1. The petitioner - Arora Construction Company Pvt. Ltd. (hereafter ‘ARC’) has filed the present petition under Section 34 of the Arbitration & Conciliation Act, 1996 (hereafter the ‘A&C Act’) impugning the Arbitral Award dated 10.07.2015 (hereafter the ‘impugned award’) passed by the Arbitral Tribunal comprising of a Sole Arbitrator (hereafter the ‘Arbitral Tribunal’).

2. ARC is a Private Limited Company and is engaged in the business of civil construction. ARC had tendered for and was awarded the work of development of Wrestling Training Venue for Commonwealth Games-2010 at Ludlow Castle School-2, New Delhi. Thereafter, the parties had entered into an Agreement bearing number, 03EE/CW-131/PWD/GNCTD/2008-09 (hereafter the ‘Agreement’) whereby, ARC had agreed to execute the works as per the terms and conditions stipulated therein.

3. In terms of the said Agreement, the works were to commence on 19.01.2009 and was stipulated to be completed within a period of eight months that is, on or before 18.09.2009. The completion of the works was delayed and the same was finally completed on 25.01.2010. ARC claims that the delay was solely for the reasons attributable t