J U D G M E N T

HARISH VAIDYANATHAN SHANKAR, J.

1. The present Petition, filed under Section 34 of the Arbitration and Conciliation Act, 1996¹Act, seeks to set aside the Majority Arbitral Award dated 12.12.2013²Impugned Award, passed in the Arbitral proceeding undertaken by a three-member Arbitral Tribunal.

2. The said Arbitral Tribunal comprised of Er. Basab Majumdar, learned presiding Arbitrator, along with Er. K.N. Agrawal and Er. K.K. Varma, learned Arbitrators, in the Arbitral proceeding titled “M/s Gammon India Limited and Delhi Tourism and Transport Development Corporation”.

3. The Impugned Award has been rendered by a majority of the Arbitral Tribunal comprising Sh. Er. Basab Majumdar and Sh. Er. K.N. Agrawal³Learned Majority Tribunal. The third member of the Arbitral Tribunal, Sh. Er. K.K. Varma has rendered a separate dissenting opinion.

4. The controversy before the learned Arbitral Tribunal centred primarily on the interpretation of contractual clauses governing the parties, along with ancillary monetary claims, including claims for interest, which were consequential to such interpretation.

BRIEF FACTS:

5. The Delhi Tourism and Transportation Development Corporation [“D