1. This appeal arises out of the impugned judgment and order of the Division Bench of the High Court of Delhi dated 1st March, 2021, which is passed in an appeal under S.37 of the Arbitration and Conciliation Act, 1996 (for short, 'the Arbitration Act').

2. We refer to a few factual aspects of the case. An agreement dated 28th June, 2012 was entered into between the appellant and the respondent for constructing five Road Over Bridges (for short, 'ROBs') and their approaches at different locations in the State of Rajasthan. The schedule of completion in respect of each ROB was different. The locations where ROBs were to be constructed have been described as LC - 200, LC - 89, LC - 228, LC - 233 and LC - 108. According to the appellant's case, the work at the sites was delayed for the reasons attributable to the respondent.