MR.JUSTICE AKIL KURESHI, J.

1. This appeal is filed by Krishak Bharati Cooperative Limited (“KRIBHCO” for short) challenging the judgment of the learned Additional District Judge, Surat, dated 11.05.2015 by which he rejected application of the appellant filed under Section 34 of the Arbitration and Conciliation Act, 1996 for setting aside the arbitral award.

2. Facts are as under. The appellant-KRIBHCO desired to engage an agency for providing luxury buses for excursion of the employees and family members to various places in and around Gujarat. After inviting bids from interested tenderers, KRIBHCO awarded contract to the respondent-M/s. S.R.Travels, under a work order dated 29.10.2002.

Description of the work order was as under:

SR. NO.	DESCRIPTION	QTY.	UNIT RATE (RS.)	TOTAL AMOUNT (NOT EXCEEDING) (RS.)
01	HIRING OF 52/56 SEATER SEMI LUXURY BUSES OF 2000 AND ABOVE YEAR MODEL FOR EXCURSION TRIPS TO GUJARAT AND/OR ADJOINING STATES.	AS PER SOR	AS PER SOR	20,00,000-00
			TOTAL VALUE	20,00,000-00
RUPEES TWENTY LACS ONLY.

3. Th