(1.) This Original Petition has been filed under Section 34 of the Arbitration and Conciliation Act, challenging the award dated 22.12.2016 and the additional award, dated 22.02.2017, passed by Hon'ble Mr.Justice J.Kanakaraj, former Judge of this Court, Sole Arbitrator.
(2.) In and by the impugned award, the Sole Arbitrator had granted as follows:-
(3.) For the sake of convenience, the parties hereinafter shall be referred to as they were arrayed in the arbitration proceedings, namely, Puravankara Projects Limited (PPL), who is the Petitioner herein, hereinafter shall be called as the Respondent or PPL and Galaxy Properties Private Limited (GPPL), who is the Respondent herein, hereinafter shall be called as the Claimant or GPPL.