JUDGEMENT
A.Chakrabarti, J. -
(1.) The appeal and the cross objection are against
the judgment and order dated 28th June, 2002 passed by a learned single
Judge allowing an application under sections 30 and 33 of the Arbitration
Act, 1940 and thereby modifying the award only to the extent of award of
costs and interest. As a dispute arose between the appellant and the
respondent in respect of an agreement for execution of the work of "earth
work in excavation and sand filling at the Mourigram Terminal of IOC",
the matter was referred to arbitrator whereupon an arbitration proceeding
was initiated which culminated in an award dated April 10. 2000.
Application was filed under sections 30 and 33 of the Arbitration Act,
1940 challenging the said award whereupon a learned single Judge of
this Court considered the respective submissions of the parties and
ultimately modified the award by allowing the application in respect of
award of interest and costs.
(2.) Mr. Jayanta Kumar Mitra, assisted by Mr. Shibdas Banerjee, learned
counsels, appearing, for the appellant, first contended that section 15 of
the Arbitration Act, 1940 does not give power to the Court to modify the
award in the present facts and circumstances of the case and under
sections 30 and 33 of the Act, the Court cannot substitute its decision in
place of the decision of the learned counsel Arbitrator far less in case of
non speaking award.
(3.) Next contention of the appellant is that question of grant of interest
comes up as and by way of compensation for deprivation of a party in his
enjoyment of money legally due to him. Power of the learned Arbitrator in
this respect particularly in case of a non speaking award under the Act
of 1940 has been argued relying upon the judgment in the case of
Secretary, Irrigation Department, Government of Orissav. G.C. Roy reported
in AIR 1992 SC 732 and State of Orissa v. B.N. Agarwalla etc. reported in
AIR 1997 SC 925.;
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