M/S U.R.C. Construction Pvt Ltd v. Airports Authority Of India

$~33 * IN THE HIGH COURT OF DELHI AT NEW DELHI + O.M.P.(MISC.)(COMM.) 113/2024 M/S U.R.C. CONSTRUCTION PVT LTD ..... Petitioner Through:

Mr. Ankit A. Shah, Adv.

versus AIRPORTS AUTHORITY OF INDIA ..... Respondent Through:

Mr. Kiran Kumar Patra, Adv.

CORAM:

HON'BLE MR. JUSTICE DINESH KUMAR SHARMA

O R D E R

% 19.02.2024 I.A. 3840/2024 1.

Exemption granted, subject to all just exceptions. 2.

Application stands disposed of.

O.M.P.(MISC.)(COMM.) 113/2024 3.

By way of the present petition filed under Section 29A of the Arbitration and Conciliation Act, 1996, the petitioner seeks an extension of the mandate of the Arbitral Tribunal by a period of one year for concluding the Arbitral proceedings and passing the Award. 4.

Learned counsel for the petitioner submits that the mandate of the Arbitral Tribunal will expire on 29.02.2024.

5.

Issue notice.

6.

Learned counsel for the respondent accepts notice and submits that the respondent has no objection to the prayer made in the petition. 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 22/02/2024 at 12:48:07

7.

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

8.

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 a period of six months from 29.02.2024.

9.

The present petition is disposed of alongwith miscellaneous applications, if any.

DINESH KUMAR SHARMA, J FEBRUARY 19, 2024/AR..

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 22/02/2024 at 12:48:07