(1.) This appeal is directed against a Judgment dated 2001, November, 2001 (Union of India v. Saraswat Trading Agency & Anr.) whereby the learned Judge has partly set aside an award passed by the Arbitrator dated 9th September, 2000.
(2.) The facts leading to the disputes in this present appeal are briefly enumerated as under: On or about 16th of May, 1990, the South Eastern Railway opened a tender for handling of goods, parcel and booked luggage at Itwari and other group stations. The appellant was declared as the lowest tenderer.
(3.) The contract was ultimately awarded in favour of the appellant on 22nd August, 1991 and became effective on and from 3rd August, 1991 for a period of three years.