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High Court of DelhiO.M.P.(I) (COMM.)/33/2016

Power Mech Projects Ltd. v. Sepco Electric Power Construction Corporaton & ANR.

2016-08-10Hon'Ble Mr. Justice Vibhu Bakhru2 pages

$~41 * IN THE HIGH COURT OF DELHI AT NEW DELHI + O.M.P.(I) (COMM.) 33/2016 POWER MECH PROJECTS LTD. ..... Petitioner Through: Mr Rajiv Kapoor & Mr Srikant Sharma, Advs.

versus SEPCO ELECTRIC POWER CONSTRUCTION CORPORATON & ANR.

..... Respondents Through: Mr Sandeep Sethi, Sr Adv with Ms Pragya Ohri, Ms Garima Singh, Ms Mahima Sareen, Mr Arun Maini & Mr Ranjit Prakash, Advs for R1.

Mr Buddy A Rangnadhan & Mr Raunak Jain, Advs for R2.

+ O.M.P.(I) (COMM.) 113/2016 POWER MECH PROJECTS LTD.

..... Petitioner Through: Mr Rajiv Kapoor & Mr Srikant Sharma, Advs.

versus SEPCO ELECTRIC POWER CONSTRUCTION CORPORATION ..... Respondent Through: Mr Sandeep Sethi, Sr Adv with Ms Pragya Ohri, Ms Garima Singh, Ms Mahima Sareen, Mr Arun Maini & Mr Ranjit Prakash, Advs

CORAM:

HON'BLE MR. JUSTICE VIBHU BAKHRU

O R D E R

% 10.08.2016 The learned counsel for the Petitioner seeks permission to withdraw these petitions with liberty to approach the Arbitral Tribunal under Section 17 of the Arbitration and Conciliation Act, 1996.

Dismissed as withdrawn with liberty as aforesaid. The interim order passed on 01.02.2016 shall be operative for a period of one week from today. It is clarified that the Arbitral Tribunal shall examine the matter uninfluenced by the said ex parte interim order (passed on 01.02.2016).

In the event the application under Section 17 of the Act is filed, it is expected that same shall be heard and finally decided within the period of three months from the date of filing of said application. Copy of this order be given dasti to the learned counsel for Petitioner under signature of the Court Master. VIBHU BAKHRU, J AUGUST 10, 2016 M