Cnh Industrial Capital India Private Limited v. Dashmesh Construction Equipments & ORS.

$~31 * IN THE HIGH COURT OF DELHI AT NEW DELHI + O.M.P.(MISC.)(COMM.) 21/2025 CNH INDUSTRIAL CAPITAL INDIA PRIVATE LIMITED .....Petitioner Through:

Mr. Deepak Jaiswal, Advocate.

versus DASHMESH CONSTRUCTION EQUIPMENTS & ORS.

.....Respondents Through:

Mr. Vijay Dalal, Advocate.

CORAM:

HON'BLE MR. JUSTICE MANOJ KUMAR OHRI

O R D E R

% 24.02.2025 1.

By way of the present petition filed under Section 29A (5) of the Arbitration and Conciliation Act, 1996, the petitioner seeks extension of the mandate of the Arbitral Tribunal by a period of one year for concluding the Arbitral proceedings and passing the Award.

2.

Learned counsel for the petitioner submits that the mandate of the Arbitral Tribunal has expired on 06.01.2025.

3.

Issue notice.

4.

Learned counsel for the respondent accepts notice and submits that the respondent has no objection to the prayer made in the petition. 5.

Considering the aforesaid request and the no objection given by the other side, the present petition is allowed and the mandate of the Arbitral Tribunal for passing of the award is extended by a period of nine months from 06.01.2025. Further, the proceedings conducted after the expiry of the 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 28/02/2025 at 12:41:48

mandate, if any, shall also stand validated and regularised. 6.

Accordingly, the present petition is disposed of. MANOJ KUMAR OHRI, J FEBRUARY 24, 2025 ga 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 28/02/2025 at 12:41:48