Railone Tarmal Durga (Jv) v. Rail Vikas Nigam Limited

$~36 *

IN THE HIGH COURT OF DELHI AT NEW DELHI

+ O.M.P.(MISC.)(COMM.) 22/2018 RAILONE TARMAL DURGA (JV) ..... Decree Holder Through:

Mr Amit Singh and Mr Prashant Kumar, Advocates.

versus RAIL VIKAS NIGAM LIMITED ..... Judgement Debtor Through:

Mr Anil Kumar Seth and Mr Dilip Kumar Kaushal, Advocates.

CORAM:

HON'BLE MR. JUSTICE VIBHU BAKHRU

O R D E R

% 23.02.2018 IA No.2637-38/2018 1.

Allowed, subject to all just exceptions.

O.M.P.(MISC.)(COMM.) 22/2018 2.

This is an application filed under Section 29A of the Arbitration and Conciliation Act, 1996, inter alia, praying that the time for making the arbitral award be extended for a period of six months from 07.03.2018. The learned counsel for the parties state that the matter could not proceeded expeditiously before the Arbitral Tribunal. This was so because the constitution of the Arbitral Tribunal underwent a charge several times on account of vacancies caused due to resignation of members. 3.

In view of the above, the present petition is allowed. The time for

making the arbitral award is extended for a further period of six months from 07.03.2018.

4.

The petition is disposed of.

VIBHU BAKHRU, J FEBRUARY 23, 2018 MK