Deepak Cables (India) Limited v. Power Grid Corporation Of India Limited

$~33 * IN THE HIGH COURT OF DELHI AT NEW DELHI + O.M.P.(MISC.)(COMM.) 421/2024, I.A. 30179/2024 DEEPAK CABLES (INDIA) LIMITED ..... Petitioner Through:

Mr. Aditya Verma, Mr. Samar Singh, Mr. Rigved Prasad, Advs.

versus POWER GRID CORPORATION OF INDIA LIMITED ..... Respondent Through:

Mr. Apoorv P. Tripathi, Mr. Dheeresh K Dwivedi, Advs. (VC).

CORAM:

HON'BLE MR. JUSTICE DINESH KUMAR SHARMA

O R D E R

% 22.05.2024 I.A. 30180/2024 1.

Exemption allowed, subject to all just exceptions. 2.

Application stands disposed of.

O.M.P.(MISC.)(COMM.) 421/2024 3.

By way of the present petition filed under Section 29A(5) of the Arbitration and Conciliation Act, 1996, the petitioner seeks extension of mandate of the Arbitral Tribunal till 31.07.2024 for concluding the Arbitral proceedings and passing the Award.

4.

Learned counsel for the petitioner submits that the mandate of the Arbitral Tribunal is expiring on 06.06.2024.

5.

Issue notice.

6.

Learned counsel for the respondent accepts notice and submits that the 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 29/05/2024 at 11:50:52

respondent has no objection to the prayer made in the petition. 7.

Considering the aforesaid request and the no objection given by the other side, the present petition is allowed and the mandate of the Arbitral Tribunal is extended till 31.07.2024. 8.

The present petition is disposed of.

DINESH KUMAR SHARMA, J MAY 22, 2024/AR..

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 29/05/2024 at 11:50:52