Rajadhiraj Tirupani Vinayak Natraj Private Limited v. Facor Alloys Limited

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IN THE HIGH COURT OF DELHI AT NEW DELHI

+ O.M.P.(MISC.)(COMM.) 473/2024 and I.A.

31561/2024, I.A.

31562/2024 RAJADHIRAJ TIRUPANI VINAYAK NATRAJ PRIVATE LIMITED ..... Petitioner Through:

Mr. Sandeep Bajaj, Ms. Aakanksha Nehra and Ms. Preeti Singh, Advocates.

versus FACOR ALLOYS LIMITED ..... Respondent Through:

Mr. Keshav Gulati, Mr. Kanishk Garg and Ms. Ridhi Arora, Advocates.

CORAM:

HON'BLE MR. JUSTICE ANUP JAIRAM BHAMBHANI

O R D E R

% 31.05.2024 By way of the present petition filed under section 29A(4) read with section 29A(5) of the Arbitration & Conciliation Act 1996 ('A&C Act'), the petitioner seeks extension of the mandate of the learned Sole Arbitrator for a further period of 02 months. 2.

Mr. Sandeep Bajaj, learned counsel appearing for the petitioner submits, that the mandate of the learned Sole Arbitrator will expire on 14.06.2024. Learned counsel for the petitioner submits, that final arguments have already been concluded in the matter; and both parties have been directed by the learned Sole Arbitrator to file their respective written submissions.

3.

Issue notice.

4.

Mr. Keshav Gulati, learned counsel appears for the respondent on advance copy; accepts notice; and does not oppose the prayer made. O.M.P.(MISC.)(COMM.) 473/2024 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 04/06/2024 at 10:50:38

5.

Counsel for the parties jointly submit, that the mandate of the learned Arbitrator be extended by 02 months to conclude proceedings in the matter.

6.

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 02 months with effect from 15.06.2024, with a request to the learned Arbitrator to conclude the proceedings within that time.

7.

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

Pending applications, if any, also stand disposed-of. ANUP JAIRAM BHAMBHANI, J MAY 31, 2024 V.Rawat O.M.P.(MISC.)(COMM.) 473/2024 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 04/06/2024 at 10:50:38