ORDER

This petition has been filed under Section 34 of the Arbitration and Conciliation Act, 1996 , challenging the impugned arbitral award dated 07.03.2023 passed in favour of the respondent against the petitioner.

2. Under the impugned arbitral award, the arbitrator has issued the following directions:

a) The petitioner was directed to pay a sum of Rs.25,66,762/- towards rental arrears to the respondent and interest along with 18% GST, after adjustment of advance and the petitioner was also made liable to pay interest at 9% on Rs.25,66,762/- from the date of the award till the date of payment;

b) The petitioner was also liable to pay damages at Rs.29,95,660/- together with interest at 9% to the respondent from the date of award till the date of payment;

c) The petitioner was also entitled to proportionate cost for the amounts awarded.

3. The petitioner, who is the tenant, was the respondent and the respondent, who is the landlord, was the claimant in the arbitration.

4. The petitioner has challenged the impugned arbitral award on the following grounds:

a) The written lease agreement dated 20.02.2012 has been succeeded / replaced by the oral tenancy agreement not containing provisions f