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High Court of DelhiO.M.P.(MISC.)(COMM.)/419/2024

P.P. Polyplast Pvt. Ltd. v. Inidan Oil Corporation Ltd.

2024-05-21Hon'Ble Mr. Justice Anup Jairam Bhambhani2 pages

$~38 *

IN THE HIGH COURT OF DELHI AT NEW DELHI

+ O.M.P.(MISC.)(COMM.) 419/2024 P.P. POLYPLAST PVT. LTD.

..... Petitioner Through:

Mr. Aditya Chauhan, Advocate.

versus INDIAN OIL CORPORATION LTD.

..... Respondent Through:

Ms. Prachi Vashisht with Mr.

Kushagra Pandit, Advocates.

CORAM:

HON'BLE MR. JUSTICE ANUP JAIRAM BHAMBHANI

O R D E R

% 21.05.2024 I.A. 29945/2024 Exemption granted, subject to just exceptions. Let requisite compliances be made within 01 week. Application stands disposed-of.

O.M.P.(MISC.)(COMM.) 419/2024 By way of the present petition filed under section 29A(3) of the Arbitration & Conciliation Act 1996 ('A&C Act'), the petitioner seeks extension of the mandate of the learned Sole Arbitrator appointed vide order dated 30.05.2022 made in ARB. P.No. 504/2022, who is seized of the disputes between the parties. 2.

Issue notice.

3.

Ms. Prachi Vashisht, learned counsel appears on behalf of the respondent on advance copy; accepts notice; and does not oppose the prayer made.

4.

Learned counsel for the parties inform the court that the last mandate of the learned arbitrator expired on 16.04.2024; and the matter has been reserved for passing of award on 21.03.2024. O.M.P.(MISC.)(COMM.) 419/2024 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 27/05/2024 at 12:53:07

5.

Upon a conspectus of the averments contained in the petition and the submissions made, the petition is allowed; and the mandate of the learned Sole Arbitrator is extended, as prayed-for, by 03-months with effect from 17.04.2024.

6.

It is further observed that any proceedings conducted after expiration of the previous mandate shall also stand validated and regularised. 7.

The petition stands disposed-of in the above terms. 8.

Pending applications, if any, also stand disposed-of. ANUP JAIRAM BHAMBHANI, J MAY 21, 2024 ds O.M.P.(MISC.)(COMM.) 419/2024 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 27/05/2024 at 12:53:07