JUDGMENT :`

(Prayer: Original Petition filed under Section 34 of the Arbitration and Conciliation Act, 1996, to set aside the award dated 15.10.2015 passed by the learned Arbitral Tribunal in so far as it awards a sum of Rs.1,60,13,416/- with interest at 7.5% in favour of the First Respondent.

Original Petition filed under Section 34 of the Arbitration and Conciliation Act, 1996, to declare the award amount of Rs.2,17,79,971 passed under the minority award is correct and the same is enforceable and reduction of the claim amount under majority award is not correct, to declare that the award granting interest only 7 ½ % per annum is not correct, to declare that the Petitioner is entitled to 18% per annum from the date of cause of action /demand i.e., 08.03.2010 till the date of payment and to pay the costs to the petitioner and to pass such further or other orders as this Hon’ble Court may deem fit and thus render justice.)

1. At the outset, this Court deems it appropriate to extract / reproduce the common proceedings / orders made in captioned two matters in two earlier listings, on 23.07.2020 and the other on 13.10.2020, which read as follows:

‘Proceedings dated 23.07.2020

For the sake