on this award amount from this day to the date of making the whole payment by Respondent 1.
The award does number indicate as to how the Tribunal have arrived at the companyclusion.
The sole Arbitrator Mohan Lal entered upon the reference.
By order dated 20 11 1981, the said petition was dismissed with the following directions 1 1988 3 SCC 36 1988 3 SCR 426 In the circumstances, I would, therefore, dismiss the petition subject, however to the direction to the Arbitrator, in terms of the companycession made on behalf of the Association and the Arbitrator, that the Arbitrator would hear the matter after giving reasonabl opportunity to the petitioner of being heard, and to make a reasoned award on the companyclusion of the proceedings.
The claim related to transactions which took place between appellant and first respondent.
This amount was also to carry interest 18 per annum from the date of the award till the date of payment.
Against this order, the appellant preferred Suit No.
Aggrieved by this award the first respondent preferred an appeal as per Rule 37 Regulation 7 of Delhi Hindustani Mercantile Association Rules and Regulations hereinafter referred to as the Rules .
In turn, the first respondent was also a member of Delhi Hindustani Mercantile Association.
The appeal was heard by the Tribunal.
By an order dated 20 11 198 1, the learned Single Judge of Delhi High Court directed in terms of the companycession made on behalf of the Association and the sole Arbitrator, a reasoned award shall be passed by the Arbitrator.
On 19 7 1983, by a reasoned award, he awarded a sum of Rs 1,97,891.81 in favour of the appellant against the first respondent.
As per the rules of the association, the dispute was referred to an Arbitrator.
The first respondent filed objections against the Award.
Inter alia, it was urged by it that the award was number a reasoned award.
The Judgment of the Court was delivered by MOHAN, J. The facts in brief leading to this civil appeal are as follows.
It also made a companynter claim against the appellant.
By an order dated 24 2 1984, the Tribunal companyfirmed the award of the Arbitrator without assigning any reasons.
498 A/84 for making the award a rule of the companyrt.
By a claim petition dated 11 8 1979, the appellant had claimed a sum of Rs 4,51,246.50 under various heads of accounts including companymission from the first respondent up to the period of 30 6 1979.
This Award fully companyforms to the order dated 20 11 1981 of the High Court made on companycession between the parties.
A learned Single Judge of the High Court of Delhi by an order dated 5 4 1990 allowed the objections and set aside the award of the Appellate Tribunal and remitted the award to Tribunal for reconsideration and for giving reasons for the Award within four months from the date of the judgment.
The appellant is a member of the Delhi Hindustani Mercantile Association.
