Promac Engineering Industries Ltd. v. Cement Corporation Of India Ltd

$~35 * IN THE HIGH COURT OF DELHI AT NEW DELHI + O.M.P.(MISC.)(COMM.) 88/2020 & I.A. 3015/2020 PROMAC ENGINEERING INDUSTRIES LTD. ..... Petitioner Through:

Mr. Trideep Pais and Ms. Manvi Priya, Advs.

versus CEMENT CORPORATION OF INDIA LTD ..... Respondent Through:

Mr. B.P. Singh, Mr. Vasu Jain, Mr. Amit Singh, Ms. Geetanjli Tyagi and Ms. Medha Tiwari, Advs.

CORAM:

HON'BLE MR. JUSTICE V. KAMESWAR RAO

O R D E R

% 03.03.2020 I.A. 3015/2020 (for exemption) Exemption allowed subject to all just exceptions. The application stands disposed of.

O.M.P.(MISC.)(COMM.) 88/2020 This petition has been filed by the petitioner under Section 29A of the Arbitration and Conciliation Act, 1996 for extending the time for the Arbitral Tribunal to complete the proceedings and render the award by a period of 12 months.

Noting the contents of the petition and learned counsel for the respondent has given his consent, the time for the Arbitral Tribunal to complete the proceedings and render the award is extended by a period of 12 months effective from March 5, 2020.

Petition stands disposed of.

V. KAMESWAR RAO, J MARCH 03, 2020/jg By:ANIL KUMAR 15:11:49