JUDGMENT

(Prayer: Original Petition filed under Section 34 of the Arbitration and Conciliation Act, 1996 praying to set aside the Arbitral Award dated 15.04.2014 made by the 2nd respondent in the matter of Arbitration for the adjudication of disputes arising out of and in connection with contract ISO No.SM/D/50B No.020902/09/1000/S, dated 18.09.2009, to direct the 1st respondent to pay an amount of Rs.67,02,329/- to the petitioner being the price difference for 71 sets supplied at reduced rate, to direct the 1st respondent to pay interest at the rate of 18% per annum upon Rs.67,02,329/- from 30.11.2010 to the date of payment of the sum of Rs.67,02,329/- and to direct the contesting respondent to pay the costs of the petitioner and the litigation expenses incurred by the petitioner.)

1. The claimant before the Arbitral Tribunal has filed this petition under Section 34 of the Arbitration and Conciliation Act, 1996 to set aside the Award of the Sole Arbitrator dated 15.04.2014. The parties are being referred to in the same status as before the Arbitrator.

2. Relief claimed by the cla