1 A 764.10 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION APPEAL NO.763 OF 2010 IN ARBITRATION PETITION NO.340 OF 2007 Municipal Corporation of Greater Mumbai .. Appellants. Vs. Joint Venture Angerlehner Michel Bau Gmbh .. Respondents. Mr.V.K.Khatu for the appellants. Mr.Zal Andhyarajina i/b Jayed Gaya for the respondents. CORAM : D.K.DESHMUKH & R.P.SONDURBALDOTA, JJ. DATED : 16TH AUGUST, 2010. P.C. Heard 2. Admit. 3. By consent heard finally. 4. The submissions of learned counsel appearing for the respondent- claimants that the learned arbitrator could not have allowed interest at the rate of 10% per annum on the entire amount of award, in our opinion, has to be accepted. Learned counsel appearing for the respondent has also stated that the respondents is agreeable to modification of the award to the extent that it awards interest at the rate of 10% per annum on the entire amount of award. According to learned counsel appearing for the respondent, the interest can be awarded at the rate of 7.5% per annum. This statement is accepted. S 2 A 764.10 The award impugned in the appeal to that extent is modified. 5. We heard learned counsel appearing for the appellant on other aspects. We find no error in the interpretation of various clauses of the contract. The learned arbitrator has considered various clauses of the contract and the evidence on record and have recorded the findings of fact which have been confirmed by the learned Single Judge. In view of the concurrent findings recorded by the learned arbitrator and learned Single Judge, in our opinion, there is no room to interfere with the order passed by the learned Single Judge. The appeal is disposed of. Notice of Motion No.2065 of 2010 is also disposed of. (D.K.DESHMUKH,J.) (R.P.SONDURBALDOTA,J.)