Dee Vee Projects Ltd v. Ms Hindustan Urvarak And Rasayan Ltd

$~28 * IN THE HIGH COURT OF DELHI AT NEW DELHI + O.M.P.(MISC.)(COMM.) 17/2026 DEE VEE PROJECTS LTD .....Petitioner Through:

Ms. Charu Sangwan, Ms. Harshita Tyagi & Mr. Shubham Dayma, Advs.

versus MS HINDUSTAN URVARAK AND RASAYAN LTD .....Respondent Through:

Mr. Adarsh Tripathi, Mr. Vikran Singh Baid & Mr. Ajitesh Garg, Advs. (through VC).

CORAM:

HON'BLE MR. JUSTICE AVNEESH JHINGAN

O R D E R

% 07.01.2026 1.

This petition is filed under Section 29A of the Arbitration & Conciliation Act, 1996 seeking extension of period for concluding the arbitration proceedings.

2.

Earlier the order dated 21.07.2025 was passed which is reproduced below:

"1. This petition under Section 29A (4) & (5) of the Arbitration & Conciliation Act, 1996 has been filed seeking extension of mandate of the Arbitral Tribunal for making the arbitral award.

2.

Material on record discloses that this Court vide Order dated 04.08.2023 in ARB.P.614/2023, appointed Mr. Justice (Retd.) Krishna Murari, Former Judge Supreme Court of India, as the Sole Arbitrator to adjudicate on the disputes The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 12/01/2026 at 12:08:26

between the parties. The mandate of the Arbitral Tribunal was extended for a period of six months, i.e. till 24.07.2024, by way of mutual consent. It is stated that the proceedings are at the stage of final hearing. The Petitioner has, therefore, approached this Court seeking extension of the mandate of the Arbitrator.

3.

Learned Counsel appearing for the Respondent on advance notice states that the Respondent does not have any objection to the present Petition.

4.

In view of the fact that the matter is at an advance stage, this Court is inclined to extend the mandate of the Arbitral Tribunal 31.12.2025 so that the Award can be pronounced.

5.

The Petition is disposed of along with the pending applications, if any."

3.

Learned counsel for the non-applicant has no serious objection to the prayer made.

4.

In view of the above, the time period for conclusion of the proceedings is extended by one month.

5.

This petition is disposed of in the aforesaid terms. AVNEESH JHINGAN, J JANUARY 7, 2026 'JK'

The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 12/01/2026 at 12:08:26