Kambli 1 Arbp489.08 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION ARBITRATION PETITION NO.489 OF 2008 ... Municipal Corporation of Gr.Mumbai ...Petitioner v/s. M/s.Arbian Jacking Enterprises for Contracting & Trading Co. ...Respondent ... Mr.R.D.Dhanuka with Mr.Pimple for the Petitioner. Mr.Javed Gaya with Ms.Mona Malvade i/b Javed Gaya for Respondent. ... CORAM: D.K.Deshmukh J. DATED: 11th March, 2011 P.C.: Heard the learned Counsel for both sides. Admit. Heard finally by consent of parties. So far as award is concerned, it is based on finding of fact recorded by the Arbitral Tribunal, consisting of experts in the field. I do not see any reason to interfere with the same. Kambli 2 Arbp489.08 However, by consent of parties, the award is modified to the following extent. “The Petitioner shall pay interest, if the amount awarded is not paid within a period of 60 days from the date of the award on the amount of principal i.e. Rs.61,82,078/-, at the rate of 10% p.a.” Save and except this modification the award will remain intact. Petition disposed of. (D.K.Deshmukh, J.)