JUDGMENT :

(J. Sreenivas Rao, J.)

1. Brief facts in C.M.A. No.488 & 489 of 2022 are as under:

The appellants have filed these two appeals aggrieved by the common order passed in Arbitration OP (in short ‘AOP) No’s.554 of 2014 and 594 of 2016 on the file of the Court of Principal District Judge, Karimnagar, dated 28.09.2022.

2. For the sake of convenience, the parties hereinafter are referred to as they were arrayed in Arbitration O.P. No’s.554 of 2014 and 594 of 2016.

3. The respondents/claimants herein have initiated arbitration proceedings under Section 11 (6) of the Arbitration and Conciliation Act, 1996 (hereinafter referred as ‘the Act’ for brevity) vide Arbitration Application No.183 of 2014 before this Court and this Court was pleased to dispose of the Arbitration Application on 27.05.2015 appointing Sri Narayana Chawla, District and Sessions Judge (Retd.) as Sole Arbitrator.

4. The respondents 1 to 3 herein have filed Claim Petition in Arbitration O.P. No.594 of 2016 before the Arbitral Tribunal claiming the following reliefs:

a) Declaring that proportionate shares of the parties in the partnership i.e. Petitioner No.1 holds 25%, Petitioner No.2 holds 25%, Petitioner No.3 h