Reinforced Earth Indla Pvt. Ltd v. Sspl-Pioneer(Jv)
$~44 * IN THE HIGH COURT OF DELHI AT NEW DELHI + O.M.P.(MISC.)(COMM.) 332/2024 & I.A. 9512/2024 REINFORCED EARTH INDLA PVT. LTD ..... Petitioner Through:
Mr Gurinder Pal Singh, Mr Sidharth Borah and Ms Jaya Bajpai, Advs.
versus SSPL-PIONEER(JV) ..... Respondent Through:
Mr Javed Hashmi, Adv.
CORAM:
HON'BLE MR. JUSTICE JASMEET SINGH
O R D E R
% 30.04.2024 8.
This is a petition under Section 29A(4) of the Arbitration and Conciliation Act, 1996, seeking an extension of time of 4 months from today to conclude the arbitral proceedings.
9.
It is stated that the delay occurred on account of the fact that the parties took some time to finalize their witnesses and to lead evidence. 10.
Issue notice.
11.
Mr Hashmi, learned counsel accepts notice on behalf of the respondent and states that he has no objection to the petition being allowed. 12.
Sufficient cause has been explained for the delay. 13.
For the said reasons, the petition is allowed and the time for concluding the proceedings and passing of an Award is extended upto 05.10.2024 w.e.f. 05.06.2024.
14.
The petition is disposed of accordingly.
JASMEET SINGH, J APRIL 30, 2024/sr Click here to check corrigendum, if any 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 10/05/2024 at 11:47:03