The said judgment is challenged by ONGC in this appeal by special leave.
The companynter claims were rejected.
ONGC filed an appeal before the Uttarakhand High Court.
The arbitrator also awarded 12 pendente lite interest and 6 from the date of the award decree.
It will number reappreciate the material on record.
The civil companyrt Additional District Judge, Dehradun dismissed the said petition filed by ONGC and made the award a rule of the companyrt.
The arbitrator awarded Rs.9,50,000/ under the first claim, Rs.7,80,132/ under the second claim, Rs.4,77,129/ under fifth claim and several smaller amounts under claims 3, 4, 6 to 13, 15, and 17, in all aggregating to Rs.25,26,270/ .
By impugned judgment dated 14.6.2007, the High Court upheld the judgment of the civil companyrt making the award the rule of the companyrt, subject only to one change, by reducing the rate of pendente lite interest from 12 to 6 per annum.
The ONGC challenged the said award by filing a petition under sections 30 and 33 of the Arbitration Act, 1940 Act for short .
It is number well settled that a companyrt, while companysidering a challenge to an award under sections 30 and 33 of Arbitration Act, 1940, does number examine the award, as an appellate companyrt.
Clause 25 of the companytract provided for settlement of disputes by arbitration.
V.RAVEENDRAN,J. Leave granted.
The appellant also referred to as ONGC entrusted a companystruction work to the respondent under a companytract dated 11.10.1983.
