O.M.P.(MISC.)(COMM.)/773/2024 of KTECH ENGINEER BUILDERS CO PRIVATE LIMITED Vs UNION OF INDIA
Parties
- KTECH ENGINEER BUILDERS CO PRIVATE LIMITED (PETITIONER)
- UNION OF INDIA (RESPONDENT)
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Statutes cited (1)
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IN THE HIGH COURT OF DELHI AT NEW DELHI+O.M.P.(MISC.)(COMM.) 773/2024
KTECH ENGINEER BUILDERS CO PRIVATE LIMITED
.....Petitioner
Through:Mr. Vikas Mishra, Mr. NikhilChawla, Mr. KD Yadav, Advs.Chawla, Mr. KD Yadav, Advs.
versus
UNION OF INDIA
.....Respondent
Through:Ms. Richa Pandey, Ms. Neha Yadav,Mr. SK Pandey, Advs.
CORAM:HON'BLE MR. JUSTICE JASMEET SINGHO R R%07.10.2024
1.This is petition filed under Section 29A(5) read with Section 29A(4)of the Arbitration and Conciliation Act, 1996 seeking extension of themandate of the Arbitral Tribunal by period of 1 year.of the Arbitration and Conciliation Act, 1996 seeking extension of themandate of the Arbitral Tribunal by period of 1 year.
2.It is stated that the arbitral record is very voluminous and hence, thedelay.delay.
3.Ms.Pandey,learnedcounselfortherespondenthasobtainedinstructions and has no objection to the mandate of the ArbitralTribunal being extended.instructions and has no objection to the mandate of the ArbitralTribunal being extended.
4.For the reasons noted above, I am satisfied that sufficient cause hasbeen shown to me.been shown to me.
5.The petition is allowed and the mandate of the Arbitral Tribunal isextended till 30.09.2025 to make and publish the Award.extended till 30.09.2025 to make and publish the Award.
6.The period from 06.09.2024 till today stands regularized.
7.The petition is disposed of in the aforesaid terms.
OCTOBER 7, 2024 / (MS)
JASMEET SINGH, J
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