ORDER :

Prayer in O.P.No.698 of 2012: Original Petition is filed under Section 34 of Arbitration and Conciliation Act, 1996 to set aside the Award dated 20.08.2012 passed by the Arbitrator.

O.P.No.711 of 2012: Original Petition is filed under Section 34 of Arbitration and Conciliation Act, 1996 to set aside the Award dated 20.08.2012 passed by the Arbitrator.

1. The first respondent in the arbitration is the Petitioner in O.P. No.711 of 2012 whereas the 2, 3, 4 and 5th respondents therein are the Petitioners in O.P. No.698 of 2012. Both the O.P.’s are filed to set aside the Award dated 20.08.2012 and, therefore, they are disposed of by this common order.

2. I heard the learned Senior Counsel, Mr.T.V.Ramanujam, on behalf of the Petitioners in O.P.No.698 of 2012 and Respondents 2 to 5 in O.P.No.711 of 2012, Mr.R.Thiagarajan, the learned counsel for the first respondent in both O.P.’s and Mr.Shah, the learned counsel for the 3rd Respondent in O.P. No.698 of 2012 and 6th Respondent in O.P. No.711 of 2012. For the sake of convenience, the Petitioner in O.P. No.711 of 2012 is referred to individually as Vendor No.1 and the Petitioners in O.P. No. 698 of 2012 are referred to as Vendors No.2.