Ncc Ltd v. Yuval Infratech Pvt Ltd

$~55 *

IN THE HIGH COURT OF DELHI AT NEW DELHI

+ O.M.P.(MISC.)(COMM.) 443/2024 NCC LTD ..... Petitioner Through:

versus YUVAL INFRATECH PVT LTD ..... Respondent Through:

Mr. Nitesh Mehra, Ms. Simran Verma, Ms. Kashika Singla, Ms. Divya Narang, Advs.

CORAM:

HON'BLE MR. JUSTICE JASMEET SINGH

O R D E R

% 29.05.2024 1.

This is a petition filed under Section 29A of the Arbitration and Conciliation Act, 1996 seeking extension of time for the Arbitral Tribunal to conclude the arbitration proceedings and pronounce the award.

2.

It is a joint application and it has been stated that the delay occurred on account of Covid-19 pandemic as well as the voluminous nature of the arbitral record.

3.

Since it is a joint application, I am inclined to allow the petition. 4.

The time for the Arbitral Tribunal is hereby extended by 6 months for concluding the arbitration proceedings and pronouncing the award with effect from 01.03.2024 to 01.09.2024.

5.

The petition is allowed and disposed of in the aforesaid terms. JASMEET SINGH, J MAY 29, 2024 / (MS) 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 03/06/2024 at 11:46:37