(Prayer: Original Petition filed under Section 34 of Arbitration and Conciliation Act, 1996 (Act 26 of 1996) to set aside the award dated 22.07.2008 passed by the fourth respondent herein.)

1. This original petition (hereinafter 'OP' for brevity) has been filed under Section 34 of 'The Arbitration and Conciliation Act, 1996' (' A & C Act' for brevity) assailing an award dated 22.07.2008 made by an Arbitral Tribunal constituted by a sole Arbitrator appointed by then Hon'ble Chief Justice of this Court vide order dated 20.11.2007 in O.P.No.159 of 2007 under Section 11 of A & C Act.

2. To be noted, Section 34 of A & C Act, which deals with proceedings for setting aside an arbitral award refers to such a proceeding as an 'application', but such proceedings initiated in this Court are given the nomenclature 'Original Petition' by the Registry in this Court and therefore, I am referring to the instant proceedings under Section 34 of A & C Act as 'OP' for the sake of convenience and clarity.

3. Considering that this is a OP under Section 34 of A & C Act, it will suffice to give