JUDGMENT

G.S. Sistani, J. (Oral)--This is an appeal filed under Section 13 of the Commercial Courts, Commercial Division and Commercial Appellate Division of High Courts Act, 2015(hereinafter referred to as the `Commercial Courts Act') read with Section 37 of the Arbitration and Conciliation Act, 1996(hereinafter referred to as `the Act'). The appellant impugns the order dated 08.07.2016 passed by the learned Single Judge of this Court by which the objections to the award dated 28.06.2013 passed by an Arbitral Tribunal comprising of three former Judges of this Court have been rejected. Dismissal of the petition under Section 34 by the orders dated 08.07.2016 has led to the filing of the present appeal.

2. Before the rival submissions of the learned Senior Counsels appearing for the parties can be considered, we deem it appropriate to set out basic facts which led to the dispute between the parties.

3. Parties entered into an agreement for distribution of products of the appellant by an Agreement dated 24.10.2002. No doubt, the said agreement was with respect to the colour Televisions. The claim of the respondent is based on clause 24 of the Agreement, which reads as under:

"24.