Yfc Projects Pvt. Ltd v. Ramprastha Promoters And Developers Private Limited

$~80 * IN THE HIGH COURT OF DELHI AT NEW DELHI + O.M.P.(MISC.)(COMM.) 47/2025 YFC PROJECTS PVT. LTD .....Petitioner Through: Mr.Vibhor Garg, Ms.Anshika M., Ms.Bhavi and Ms.Diksha, Advocates versus RAMPRASTHA PROMOTERS AND DEVELOPERS PRIVATE LIMITED .....Respondent Through: Mr.Vishal Majumdar, Advocate

CORAM:

HON'BLE MR. JUSTICE MANOJ KUMAR OHRI

O R D E R

% 17.01.2025 1.

By way of the present petition filed under Section 29A (5) of the Arbitration and Conciliation Act, 1996 ('A&C Act'), the petitioner seeks extension of mandate of the Arbitral Tribunal by a period of six months for concluding the Arbitral proceedings and passing the Award. 2.

Learned counsel for the petitioner submits that the mandate of the Arbitral Tribunal is set to expire on 21.01.2025. 3.

Issue notice.

4.

Learned counsel appears on behalf of the respondents on advance copy, accepts notice and submits that the respondent has no objection to the prayer made in the petition.

5.

Learned counsels for the parties submit that the arbitral proceedings are at the stage of final arguments.

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 24/01/2025 at 16:26:40

6.

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 is extended by another period of six months from 21.01.2025. 7.

Accordingly, the petition stands disposed of. MANOJ KUMAR OHRI, J JANUARY 17, 2025 na 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 24/01/2025 at 16:26:40