M/S Shri Ram Raja Sarkar Lok Kalyan Trust v. Punjab National Bank

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IN THE HIGH COURT OF DELHI AT NEW DELHI

+ O.M.P.(MISC.)(COMM.) 326/2024, I.A. 9329/2024 (Exemption) M/S SHRI RAM RAJA SARKAR LOK KALYAN TRUST ..... Petitioner Through:

Mr. Anukul Raj, Ms. Nikita Raj, Mr.

Tushar Bhalla and Mr. Pratik Sharma, Advocates.

versus PUNJAB NATIONAL BANK ..... Respondent Through:

Mr. Kailash Sharma, Advocate.

CORAM:

HON'BLE MS. JUSTICE NEENA BANSAL KRISHNA

O R D E R

% 29.04.2024 1.

The Petition under Section 29A(4) of the Arbitration and Conciliation Act, 1996 read with Section 151 CPC has been filed on behalf of the petitioner seeking extension of the mandate of the learned Arbitrator for a period of nine months from 12.04.2024, when the mandate has expired. 2.

Learned counsel for the respondent has no objection if the mandate of the learned Arbitrator is extended.

3.

In view of the submissions made, the mandate of the learned Arbitrator is extended by nine months from the date it is expired i.e. 12.04.2024.

4.

The Petition is accordingly disposed of. The pending application also stands disposed of.

NEENA BANSAL KRISHNA, J APRIL 29, 2024/RS 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 01/05/2024 at 12:27:45