ORDER

Chandra Dhari Singh, J. (Oral)--The instant petition under Section 34 of the Arbitration and Conciliation Act, 1996 (hereinafter "the Arbitration Act") has been filed on behalf of petitioner seeking the following reliefs:

"i) set-aside the impugned Award passed by the Ld. Arbitral Tribunal, being patently illegal and against the 'public policy' and;

ii) pass any other Order/relief(s), which this Hon'ble Court may deem fit and proper in view of the present facts and circumstances of the case and in the interest of justice."

2. A perusal of the record reveals that pursuant to a tender bearing No. 1-Aces/Tender/SSB/65 dated 4th April 2011 floated by the petitioner, the respondent was awarded the work for `construction of printing press hall, training centre and other allied works in connection with modernization of printing press at Shakurbasti, New Delhi' vide Award bearing No. 74-W/13/Misc./Acceptance/WA/SSB. Accordingly, the claimant/respondent was requested to complete the work within a period of 15 months from the date of issue of acceptance letter.

3. Due to delays and other issues in completion of the work as per the Agreement between the parties, the respondent herein inv