High Court of DelhiO.M.P.(MISC.)(COMM.)/66/2019

M/S Cyclone Energy Pvt. Ltd. v. M/S Gokul Projects

2019-02-18Hon'Ble Mr. Justice Navin Chawla1 pages

$~22 * IN THE HIGH COURT OF DELHI AT NEW DELHI + O.M.P.(MISC.)(COMM.) 66/2019 M/S CYCLONE ENERGY PVT. LTD.

..... Petitioner Through:

Mr.Ajit Kumar Rudra & Mr.Vishweshwar Mishra, Advs.

versus M/S GOKUL PROJECTS ..... Respondent Through:

Ms.Madhumita Bhattacharjee & Ms.Urmila Kar Purkayastha, Advs.

CORAM:

HON'BLE MR. JUSTICE NAVIN CHAWLA

O R D E R

% 18.02.2019 IA No. 2502/2019 (Exemption) Allowed, subject to all just exceptions.

OMP(Misc.)(Comm) 66/2019 This petition under Section 29A of the Arbitration and Conciliation Act, 1996 has been filed by the petitioner seeking extension of time for the Sole Arbitrator to pass the Award. The reasons for delay in passing of the Award is stated to be the filing of the Counter Claim by the respondent at a later stage of the arbitration proceedings.

The learned counsel for the respondent who appears on advance notice submits that the respondent has no objection if the time for making of the Award is extended by this Court.

Having perused the contents of the petition and no objection expressed by the respondent, the time for making of the Award is extended by a further period of twelve months with effect from 16.02.2019. The petition is allowed in the above terms, with no order as to cost. NAVIN CHAWLA, J FEBRUARY 18, 2019/rv