JUDGMENT :

(Prayer in O.P.No.546 of 2020: Petition filed under Section 34 of the Arbitration and Conciliation Act, 1996, to set aside the Award No.1 of 2018 dated 14.09.2020 on the file of the Arbitral Tribunal, as being illegal and opposed to public policy.

Arb.O.P.(Comm)No.87 of 2021: Petition filed under Section 34 of the Arbitration and Conciliation Act, 1996,to set aside the paragraphs 233(e), 233(f), 233(h), practically set aside in paragraphs 233(a) and 233(b) of the Arbitral Award dated23.12.2015, and enhance the rate of interest from 9% to 24% till the date of realization.)

1. Two Original Petitions are filed Challenging the Arbitral Award passed by the learned sole Arbitrator dated 14.09.2020.

1.a. O.P.No.546 of 2020 has been filed by the 1st Respondent before the Arbitral Tribunal to set aside the Award No.1 of 2018 dated 14.09.2020 on the file of the Arbitral Tribunal, as being illegal and opposed to public policy.

1.b. O.P.No.87 of 2021 has been filed by the Claimants before the Arbitral Tribunal to set aside the Award and dismiss the claim petition preferred by the Claimant.

1.c The parties are arrayed as per their own rankings before the Arbitral Tribunal. The Petitioner w