Punj Lloyd Ltd v. Indian Oil Corporation Ltd

$~51 * IN THE HIGH COURT OF DELHI AT NEW DELHI + O.M.P.(MISC.)(COMM.) 196/2026 & I.A. 5200/2026 PUNJ LLOYD LTD .....Petitioner Through:

Ms. Sabah Iqbal Siddiqui & Mr.

Abhijit Ghosh, Advs.

versus INDIAN OIL CORPORATION LTD .....Respondent Through:

Mr.

Amit, Mr.

Abhishek, Mr.

Abimash Agarwal & Mr. Kartikya Tripathi, Advs.

CORAM:

HON'BLE MR. JUSTICE AVNEESH JHINGAN

O R D E R

% 25.02.2026 1.

This petition is filed under Section 29A of the Arbitration & Conciliation Act, 1996 seeking extension of period for concluding the arbitration proceedings.

2.

Learned counsel for the respondent has no serious objection to the prayer made.

3.

In view of the above, the time period for conclusion of the proceedings is extended by one year.

4.

This petition is disposed of in the aforesaid terms. AVNEESH JHINGAN, J FEBRUARY 25, 2026/'JK'

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