JUDGMENT

Neena Bansal Krishna, J. The petitioner-Delhi State Industrial And Infrastructure Development Corporation Ltd, (hereinafter referred to as "DSIIDC") has filed the present appeal under Section 37(1)(c) of the Arbitration and Conciliation Act, 1996 (hereinafter referred to as the "Act 1996") read with Section 10 of the Delhi High Court Act, 1966, read with Section 13 of The Commercial Courts Act, 2015 against the judgment of the learned Single Judge dated 11th August, 2021, dismissing the objections under Section 34 of the Act 1996, preferred by DSIIDC.

2. The learned Arbitrator vide the impugned award dated 13th April, 2018 had awarded a net sum of Rs.3,04,91623/- along with interest in favour of the respondent-M/s H.R. Builders (hereinafter referred as HRB").

3. The factual matrix in which the dispute has arisen is that the Government of National Capital Territory of Delhi (hereinafter referred to as `GNCTD') launched a Project for Refurbishment and Upgradation of 198 schools run by the GNCTD. The implementation of part of the project was entrusted to DSIIDC. DSIIDC invited tenders on 08th July, 2009 for the entire work including electrical and civil work for 25 schools w