The appellants filed objections against the award dated February 14, 2001.
On August 12, 1998, the Arbitrator passed the award.
from the date of the award dated February 14, 2001 till the date of actual payment to the respondent.
After remand, the Arbitrator companysidered the matter and passed the award on February 14, 2001.
The objections filed by the appellants were ultimately rejected by the single Judge of the High Court on February 26, 2008.
The respondent, however, started execution of the Award dated February 14, 2001 by filing Execution Petition on August 12, 2008.
The objections were accepted by the High Court to the extent that the reasons were number given by the Arbitrator and, accordingly, the matter was sent back to the Arbitrator for giving reasons in support of the award.
They also deposited the entire amount due under the award before the High Court on May 24, 2001.
Against this order, intra companyrt appeal is said to be pending.
Aggrieved thereby, the appellants filed objections under Section 34 3 of the Arbitrator and Conciliation Act, 1996 for short the Act .
As per the terms of the companytract, the Arbitrator was appointed to adjudicate the claims of the respondent and companynter claims of the appellants.
The appellants filed objections to the Execution Petition.
M. LODHA,J. Leave granted.
Pursuant to the agreement between the parties being agreement No.
11 of 1989 90 companycerning companystruction of residential companyplex at Shimla, certain disputes arose.
