Law: Arbitration Act (X of 1940)

Section: 30, 29

(a) Arbitration Act (X of 1940) S. 30Mere wrong basis of assessment of damagesHeld : Cannot furnish a ground for attack on award.[Award]. Messrs Moosa Umer & Co. Ltd., Karachi v. Messrs Haji E. Dosso & Sons and another P L D 1971 Kar. 899 and Trading Corporation of Pakistan Ltd. v. Messrs Aslam Saeed 8c Co. and 3 others P L. D 1973 Kar. 65 rel. (h) Arbitration Act (X of 1940) S. 30Insufficiency of evidence or Court having to take a different view on basis of evidence on record of arbitration proceedingsHeld Does not warrant interference with award.[EvidenceAward). Province of West Pakistan v. Gammons Pakistan Ltd, Karachi P L D 1976 Kar 458 rel. Government of Pakistan Ministry of Industries v. National Agencies, Karachi P L D 1978 Kar. 827 ref. Messrs Ansari Enterprises, Karachi v., Trading Corporation of Pakistan P L D 1980 Kar. 226 distinguished. (e) Arbitration Arbitrator holding defendants having committed breach of contractMere use of word `penalize' in award, held, cannot convert damages into a penalty, word "penalize" having to be read with other parts of award.[Words and phrases]. (d) Arbitration Act (X of 1940 S. 29Interest on damagesAward, modification ofNo plea raised as to incompetency of arbitrator to grant interest on amount of damagesBeing an error apparent on face of award, Court, held, could modify award to such extentGrant of 6 % interest per annum on account of damages from date of award till payment, set aside.[Award]. Dates of hearing :12th and 13th August, 1979.                                                                                                                           JUDGMENT These are objections to the award dated 23121978 given by the sole arbitrator Mr. G. Raymond (Exh. Official Assignee/Registrar of this Court). The facts leading to the filing of the above objections are that the plaintiff had…