M.L.Singhal, J.

1. This revision petition is directed against the order of learned District Judge, Chandigarh dated 3.2.2000, affirming that of Subordinate Judge 1st Class, Chandigarh dated 12.9.1992, whereby the latter had allowed the application of the Food Corporation of India (herein after to be referred as FCI) under Sections 14(2) read with Section 17 of the Arbitration Act and made award delivered in its favour by the arbitrator and against M/s Bodh Raj Daulat Ram and Ors. (herein after to be referred as "the firm") rule of the Court, except for the modification that where the latter had allowed interest at the rate of 18% per annum on the awarded amount from the date of filing of the application under Sections 14(2) read with Section 17 of the Arbitration Act, 1940 till the date of realisation of the decretal amount, learned District Judge brought down the rate of interest to 14% per annum.

2. FCI called tenders for the conversion of gram-whole lying at Dabwali into gram dal. The work for conversion of 600MT gram-whole at Ex. Dabwali and 553MT Ex-E1-lenabad at the rate of minus Rs. 12/- per quintal was awarded to the firm on the basis of two tenders submitted by the