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High Court of DelhiO.M.P.(MISC.)(COMM.)/238/2024

M/S Future Uday Communications Pvt. Ltd. v. Amit Srivastava

2024-03-18Hon'Ble Mr. Justice Prateek Jalan2 pages

$~35 *

IN THE HIGH COURT OF DELHI AT NEW DELHI

+ O.M.P.(MISC.)(COMM.) 238/2024 M/S FUTURE UDAY COMMUNICATIONS PVT.

LTD.

..... Petitioner Through:

Mr. Tushar Randhawa, Advocate.

versus AMIT SRIVASTAVA ..... Respondent Through:

Mr. Arvind Vashistha, Advocate

CORAM:

HON'BLE MR. JUSTICE PRATEEK JALAN

O R D E R

% 18.03.2024 I.A. 6375/2024 (for exemption) Exemption allowed, subject to all just exceptions. The application stands disposed of.

O.M.P.(MISC.)(COMM.) 238/2024 1.

This petition has been filed under Section 29A of the Arbitration and Conciliation Act, 1996, seeking extension of the mandate of the learned Sole Arbitrator, who is in seisin of disputes between the parties under an Agreement dated 01.09.2012.

2.

The learned Arbitrator was appointed by an order of this Court dated 23.03.2017 in O.M.P. (COMM) 529/2016. The mandate of the learned Arbitral Tribunal has been extended from time to time, lastly by an order of this court dated 17.08.2023 until 22.02.2024. 3.

I am informed that the proceedings are at the stage of final arguments.

O.M.P.(MISC.)(COMM.) 238/2024 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 03/07/2025 at 04:25:19

4.

Mr. Arvind Vashistha, learned counsel, appears on advance notice on behalf of the respondent, and states that the respondent has no objection to the relief sought.

5.

With the consent of learned counsel for the parties, the petition is allowed and the mandate of the learned Arbitrator is extended by a period of six months w.e.f. 22.02.2024.

6.

While parties join issue as to the reasons for the long pendency of the matter in arbitration, they assure the Court that they will cooperate with the learned Arbitrator for conclusion of arguments so that the learned Arbitrator has sufficient time to render the award within the time granted today.

7.

The petition stands disposed of in these terms. PRATEEK JALAN, J MARCH 18, 2024 "Bhupi"/ O.M.P.(MISC.)(COMM.) 238/2024 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 03/07/2025 at 04:25:19