JUDGMENT :

Gaurang Kanth, J.

1. The petitioner in the present petition under Section 34 of the Arbitration and Conciliation Act, 1996 is challenging the Arbitral Award dated 13.06.2016 passed by the Sole Arbitrator Sri. Arunava Ghosh in the Arbitration Agreement arising out of the agreement No. 4/T/II/03-04 dated 23.04.2003.

2. The facts leading to the present petition are as follows:

3. The respondent, i.e., the Divisional Manager-III, Eastern Railway, Sealdah,by Memo No. 222-S/1/164/WII dated 03.02.2003, awarded to the petitioner the work of T.S.R. (P) from Km 168.002 to Km 177.00 (9.00 km) with PSC sleepers, including ancillary works, under SE/P-Way, Bhagwangola, within the jurisdiction of AEN, Ranaghat. The stipulatedperiod for completion of the work was nine months.

4. During the execution of the work, extensions of time were granted to the petitioner on six occasions under Clause 17 of the General Conditions of Contract. The final extensions were granted with imposition of liquidated damages.

5. At the commencement of the work, a joint inspection was conducted at the site. During such inspection, it was observed that owing to heavy rainfall and flooding, the railway track along wit