JUDGMENT

(Prayer in O.P. No.955 of 2019: Original Petition filed under Section 34 of the Arbitration and Conciliation Act, 1996 to set aside the award dated 13.09.2019 in so far as Non-Award of interest for the period from 17.06.2016 to 13.09.2019 made in A.F.No.73 of 2017 on the file of the Hon'ble Sole Arbitrator Mr. Justice R.S. Ramanathan and consequently direct the respondent to pay the interest at the rate of 18% per annum to the award amount of Rs.1,49,95,039/- from 17.06.2016 till the date of award.

O.P. No.15 of 2020: Original Petition filed under Section 34 of the Arbitration and Conciliation Act, 1996 to set aside the award dated 13.09.2019 made in A.F.No.73 of 2017 on the file of the Hon'ble Sole Arbitrator Mr. Justice R.S. Ramanathan and consequently direct the respondent to pay a sum of Rs.13,80,864/- to the petitioner herein together with interest at the rate of 18% per annum from the date of counter claim to the award amount of Rs.1,49,95,039/- from 17.06.2016 till the date of award.)

Common Order:

The question that arises for consideration in this petition is the validity of the Award passed a year, after the period fixed by Court had lapsed. O.P. No.955 of 2019 has be