Spml Infra Limited v. Power Grid Corporation Of India Limited

$~1 & 2 * IN THE HIGH COURT OF DELHI AT NEW DELHI + O.M.P.(MISC.)(COMM.) 545/2019 & I.A. 18508/2019 + O.M.P.(MISC.)(COMM.) 546/2019 & I.A. 18510/2019 SPML INFRA LIMITED SPML INFRA LIMITED ..... Petitioner Through:

Mr. Arun Saxena and Mr. Saral Sharma, Advs.

versus POWER GRID CORPORATION OF INDIA LIMITED POWER GRID CORPORATION OF INDIA LIMITED ..... Respondent Through:

Mr. Pranay Kishore Mishra and Mr.

B.K. Pandey, Advs.

CORAM:

HON'BLE MR. JUSTICE V. KAMESWAR RAO

O R D E R

% 06.01.2020 I.A. 18508/2019 (for exemption) in O.M.P.(MISC.)(COMM.) 545/2019 I.A. 18510/2019 (for exemption) in O.M.P.(MISC.)(COMM.) 546/2019 Exemption allowed, subject to all just exceptions. Applications stand disposed of.

O.M.P.(MISC.)(COMM.) 545/2019 O.M.P.(MISC.)(COMM.) 546/2019 These petitions have been filed by the petitioner(s) under section 29A

(5) of Arbitration and Conciliation Act, 1996 seeking extension of time for the Arbitral Tribunal to complete the proceedings and render the Award by a period of one year effective from December 17, 2019. Accordingly, noting the contents of the petitions and the learned counsel for the respondent(s) has given his consent; the period for the

Arbitral Tribunal to complete the proceedings and render the award is extended by a period of one year effective from December 17, 2019. The petitions are disposed of.

V. KAMESWAR RAO, J JANUARY 06, 2020/aky