Larsen And Toubro Limited v. Nhpc Limited

$~47 *

IN THE HIGH COURT OF DELHI AT NEW DELHI

+ O.M.P.(MISC.)(COMM.) 40/2024 & I.A. 1211/2024 LARSEN AND TOUBRO LIMITED ..... Petitioner Through:

Mr. Aveak Ganguly and Mr. Sahil Manganani, Advocates.

versus NHPC LIMITED ..... Respondent Through:

Mr. Sapan K. Mishra, Advocate.

CORAM:

HON'BLE MR. JUSTICE PRATEEK JALAN

O R D E R

% 18.01.2024 1.

By way of this petition, under Section 29A of the Arbitration and Conciliation Act, 1996 ["the Act"], the petitioner seeks extension of the mandate of the learned Arbitral Tribunal, which is in seisin of disputes between the parties under the agreements dated 19.01.2004 and 10.07.2009.

2.

The learned Arbitral Tribunal entered into the reference on 22.05.2018. Its mandate has been extended from time to time, lastly by order of this Court dated 07.03.2023 in O.M.P.(MISC.)(COMM.) 66/2023. I am informed that the learned Arbitral Tribunal has reserved the Award on 26.08.2023.

3.

By an order dated 25.12.2023, the Tribunal has indicated that the parties may move the Court for extension of the mandate of the learned Arbitral Tribunal by four months. There is no objection to the relief sought, although, learned counsel for the respondent disputes the contents O.M.P.(MISC.)(COMM.) 40/2024 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 21/05/2024 at 15:16:25

of the application.

4.

In view of the aforesaid facts, the petition is allowed and the mandate of the learned Arbitral Tribunal is extended by a period of four months, w.e.f. 28.12.2023.

5.

The petition, alongwith pending application, stands disposed of. PRATEEK JALAN, J JANUARY 18, 2024 SS/ O.M.P.(MISC.)(COMM.) 40/2024 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 21/05/2024 at 15:16:25