IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH **** FAO No.5333 of 2009 (O&M) DECIDED ON: 30.04.2010 **** Punjab State Civil Supplies Corporation Ltd. And another . . . .Appellants Versus M/s Rama Rice Trading Company and another . . . .Respondents **** CORAM: HON’BLE MR.JUSTICE RAKESH KUMAR JAIN **** Present: - Mr.C.S. Bakshi, Advocate for the appellants. **** RAKESH KUMAR JAIN, J. The only grievance raised by learned counsel for the appellants is with regard to award of simple interest @ 15% by the Arbitrator. A feeble attempt has been made by learned counsel for the appellants to contend that the Arbitrator should have awarded compound interest in stead of simple interest. However, he could not support his argument with any provision of law or even the guidelines dated 6.6.2000. Hence, I do not find any merit in the present appeal and the same is hereby dismissed. (RAKESH KUMAR JAIN) 30.04.2010 JUDGE Vivek