COMMON JUDGMENT

[Judgment of the Court was made by RMT.TEEKAA RAMAN, J.]

For the sake of convenience, the parties are referred to according to their ranking in C.M.A. No. 30 of 2023, namely, the claimant and the respondents—Indian Oil Corporation.

2. The sole arbitrator, appointed by the High Court, passed an award in Arb.O.P. No. 43 of 2021, dated 20.10.2022.

3. The said award consists of eight clauses.

4. Aggrieved by the said award, the respondent—Indian Oil Corporation—filed Arb.O.P. No. 43 of 2021 before the learned Principal District Judge, Tiruchirapalli, wherein clauses (vi) and (vii) of the award were set aside. With respect to the other clauses, the appeal preferred by the respondent-IOC was dismissed.

5. As against the modification setting aside clauses (vi) and (vii), the petitioner-agent filed C.M.A. (MD) No. 30 of 2023, which pertains to Clause (vi) of the award. This clause includes the award of Rs. 5 lakhs on the grounds of loss of reputation, mental agony, and the award of interest at 12% from 01.10.2018 until payment, as well as the order of suspension, which was rounded off for calculation purposes.

6. The respondent-IOC has also preferred C.M.A. (MD) No. 130 of 2023 co