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High Court of DelhiO.M.P.(MISC.)(COMM.)/205/2025

Heritage Conservators Through Its Proprietor Mr Gurpreet Singh v. Espire Resorts Private Limited Formerly Known As Cosmos Buildwell Private Limited

2025-03-05Hon'Ble Mr. Justice Manoj Kumar Ohri2 pages

$~47 * IN THE HIGH COURT OF DELHI AT NEW DELHI + O.M.P.(MISC.)(COMM.) 205/2025 HERITAGE CONSERVATORS THROUGH ITS PROPRIETOR MR GURPREET SINGH .....Petitioner Through: Mr.Sanjay Bansal, Advocate versus ESPIRE RESORTS PRIVATE LIMITED FORMERLY KNOWN AS COSMOS BUILDWELL PRIVATE LIMITED .....Respondent Through: Mr.Brijesh Chaudhary, Mr.Prins and Mr.Sriram, Advocates

CORAM:

HON'BLE MR. JUSTICE MANOJ KUMAR OHRI

O R D E R

% 05.03.2025 1.

By way of the present petition filed under Section 29A (4) of the Arbitration and Conciliation Act, 1996, the petitioner seeks extension of mandate of the Arbitral Tribunal for a period of one year w.e.f. 08.02.2025 for concluding the Arbitral proceedings and passing of the Award. 2.

Learned counsel for the petitioner submits that the mandate of the Arbitral Tribunal has expired on 08.02.2025.

3.

Issue notice.

4.

Learned counsel appears on behalf of the respondent on advance copy, 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 10/03/2025 at 12:25:00

5.

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 for passing the award is extended for a period of 6 months, with effect from 08.02.2025. It is further observed that any proceedings conducted after the last mandate expired, shall also stand validated and regularised.

6.

Accordingly, the present petition is disposed of. MANOJ KUMAR OHRI, J MARCH 5, 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 10/03/2025 at 12:25:00