Insilco Merchants Private Limited v. Alcott Town Planners Private Limited And ANR

$~106 *

IN THE HIGH COURT OF DELHI AT NEW DELHI

+ O.M.P.(MISC.)(COMM.) 413/2025 INSILCO MERCHANTS PRIVATE LIMITED .....Petitioner Through:

versus ALCOTT TOWN PLANNERS PRIVATE LIMITED AND ANR .....Respondents Through:

Mr. Arpit Srivastava, Adv.

CORAM:

HON'BLE MR. JUSTICE JASMEET SINGH

O R D E R

% 26.05.2025 1.

This is a petition filed under Section 29A(4) & (5) of the Arbitration and Conciliation Act, 1996 seeking extension of the mandate of the Arbitral Tribunal by a period of 6 months from 27.05.2025. 2.

It is stated that the arguments were lengthy and now the matter is only listed for rejoinder arguments.

3.

For the said reasons, issue notice. Mr. Srivastava, learned counsel accepts notice on behalf of the respondent and has no objection to the petition being allowed.

4.

For the reasons noted above, I am of the view that sufficient cause has been explained for the delay. The petition is allowed and the mandate of the Arbitral Tribunal is extended by a period of 6 months from 27.05.2025.

5.

The petition is disposed of.

JASMEET SINGH, J MAY 26, 2025/DM 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 01/07/2025 at 16:31:31