(Prayer: Civil Revision Petition filed under Article 227 of the Constitution of India against the order dated 29.12.2004 passed in I.A. No.1384/2 004 in Ar.O.P. No.107/1999 on the file of the I Additional District Judge, Salem.)

The petitioner herein, is a registered Partnership Firm having its office at No.1, Om Sakthi Buildings, State Bank Colony-III, Salem-4 and the respondent herein, invited a tender on 18.09.1986 for the construction of office buildings in two blocks for the Collectorate, Vellore in Vellore District. The petitioner was the successful tenderer. The petitioner and respondent entered into an agreement on 09.06.198 7. The value of the work was estimated at Rs.1,57,59,319/-. As per the agreement, the work has to be completed within 17 months from the date of handing over the site. The site was handed over by the respondent to the petitioner on 11.06.1987. As per the terms of the agreement, the work entrusted to the petitioner should be completed on or before 10.11.1988. The petitioner did not complete the work within the stipulated time. The petitioner had completed the work only on 2 5.07.1990, after a lapse of 37 = months. After completion of the work