Oil And Natural Gas Corporation Limited v. Hindustan Oil Exploration Corporation Ltd & ANR.

$~26 (original) * IN THE HIGH COURT OF DELHI AT NEW DELHI + O.M.P.(MISC.)(COMM.) 154/2021 & I.A.13707/2021, I.A.13708/2021 OIL AND NATURAL GAS CORPORATION LIMITED ..... Petitioner Through:

Mr.K.R.

Sasiprabhu and Mr.Vinayak Maini, Advs.

versus HINDUSTAN OIL EXPLORATION CORPORATION LTD & ANR.

..... Respondents Through:

Mr. Sunil J. Mathews, Col.

Amit Kumar (Retd.), Mr.Rohan Wadhwa and Mr. Varnalee Mishra, Advs.

CORAM:

HON'BLE MR. JUSTICE C. HARI SHANKAR O R D E R (O R A L) % 25.10.2021 I.A.13707/2021, I.A.13708/2021 (exemptions) 1.

Allowed subject to all just exceptions.

2.

The applications are disposed of.

O.M.P.(MISC.)(COMM.) 154/2021 3.

This is an application under Section 29A(6) of the Arbitration & Conciliation Act, 1996, for extending the mandate of the Arbitral Tribunal, in seisin of the dispute between the parties by six months with effect from 2nd October, 2021.

By:SUNIL SINGH NEGI 11:48:31 O.M.P.(MISC.)(COMM.) 154/2021

4.

Learned Counsel for the respondents has no objection. 5.

Accordingly, the mandate of the learned Arbitral Tribunal stands extended by six months with effect from 2nd October, 2021. The petition stands allowed accordingly.

C. HARI SHANKAR, J OCTOBER 25, 2021/kr By:SUNIL SINGH NEGI 11:48:31 O.M.P.(MISC.)(COMM.) 154/2021