Punjab National Bank v. National Highways Authority Of India & ANR.

$~38 * IN THE HIGH COURT OF DELHI AT NEW DELHI + O.M.P.(MISC.)(COMM.) 345/2019 PUNJAB NATIONAL BANK ..... Petitioner Through:

Ms. Ginni J. Rautray and Ms. Shah Usman, Advs.

versus NATIONAL HIGHWAYS AUTHORITY OF INDIA & ANR.

..... Respondent Through:

Ms. Padma Priya and Ms. Aditi Sharma, Advs. for R1.

Mr. Dharmendra Rautray, Ms. Tara Sahani and Mr. Shivansh Jolly, Advs.

for R2.

CORAM:

HON'BLE MR. JUSTICE V. KAMESWAR RAO

O R D E R

% 02.09.2019 IA. No. 12064/2019 (for exemption) Exemption allowed subject to all just exceptions. The application stands disposed of.

O.M.P.(MISC.)(COMM.) 345/201921 This petition has been filed by the Decree Holder under Section 29A(4) and (5) of the Arbitration and Conciliation Act, 1996 for extension of time to enable the Arbitral Tribunal render its award. I have been informed that the period for Tribunal to render the award shall expire on September 11, 2019.

Noting the contents of the application and the counsel for the parties

have given their consent, the period of rendering the award by the Arbitral Tribunal is extended till March 31, 2020.

The petition stands disposed of.

V. KAMESWAR RAO, J SEPTEMBER 02, 2019/jg