JUDGMENT

Vibhu Bakhru, J.(Oral)

1. The appellant has filed the present appeal under Section 37(1)(c) of the Arbitration and Conciliation Act, 1996 (hereafter `the A&C Act') impugning a judgement dated 18.11.2022 (hereafter `the impugned judgement') passed by the learned Commercial Court in an application preferred by the respondent under Section 34 of the A&C Act.

2. The respondent had filed the said application seeking setting aside of the arbitral award dated 01.09.2018 (hereafter `the impugned award'). The impugned award was rendered in the context of the disputes that had arisen between the parties in connection with their agreement dated 22.03.2014 (hereafter `the Agreement'). In terms of the Agreement, the respondent had agreed to carry out construction and development of works in a project named `JOP Palms', located at Sector 28, Rohtak, Haryana (hereafter `the project').

3. The disputes were referred to an arbitral tribunal comprising of a sole arbitrator (hereafter `the Arbitral Tribunal'). The respondent had, inter alia, claimed a sum of Rs.17,04,755/- (Claim no.1). The said amount comprised of a sum of Rs.1,09,879/- due against the Running Account Bills and an amount o