IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH C.M. No. 21784-CII of 2009 and CR No. 6070 of 2008 Date of Decision: 7.8.2009 M/s Swaran Kumar and Company ....Petitioner. Versus State of Punjab and another ...Respondents. CORAM:- HON'BLE MR. JUSTICE AJAY KUMAR MITTAL. PRESENT: Mr. Rajesh K. Dadwal, Advocate for the petitioner. AJAY KUMAR MITTAL, J. In this revision petition filed under Article 227 of the Constitution of India, the petitioner has challenged the order dated 29.2.2008 (Annexure P-3) passed by the lower appellate court whereby the appeal filed against the judgment and decree dated 3.9.2005 passed by the trial court dismissing the petition under Section 34 of the Arbitration and Reconciliation Act, 1996 (for short “the Act”) for setting aside the award dated 15.1.2003 was partly accepted to the extent that State of Punjab would be entitled to the simple interest at the rate of 12% per annum from 19.5.2001 till the passing of the award. Further, the lower appellate court under Section 34 of the Act had held the contractor entitled to simple interest at the rate of 6% per annum from the date of the award till realization. Learned counsel for the petitioner states that the dispute C.R. No. 6070 of 2008 -2- has been amicably settled between the parties and he has instructions to withdraw the instant revision petition. In view of the above, the application for condonation of delay in filing the revision as well as the revision petition are dismissed as withdrawn. August 7, 2009 (AJAY KUMAR MITTAL) gbs JUDGE