Caparo Financial Solutions Limited v. M/S Bhakti Enterprises & ORS.

$~21 * IN THE HIGH COURT OF DELHI AT NEW DELHI + O.M.P.(MISC.)(COMM.) 382/2019 & IA. 16762/2019 CAPARO FINANCIAL SOLUTIONS LIMITED ..... Petitioner Through:

Mr. Vikas Mishra and Mr. Shaleen Srivastava, Advs.

versus M/S BHAKTI ENTERPRISES & ORS.

..... Respondents Through:

Mr. Siddharth Sangal and Ms. Nilanjani Tandon, Advs. for R1.

CORAM:

HON'BLE MR. JUSTICE V. KAMESWAR RAO

O R D E R

% 23.01.2020 This is a petition filed by the petitioner under Section 29A of the Arbitration and Conciliation Act, 1996 for extension of time for the learned Sole Arbitrator to complete the proceedings and render the award. Noting the contents of the petition and the fact that the proceedings are at the stage of cross-examination of the claimant's / petitioner's witness, the time for the learned Arbitrator to complete the proceedings and render the award is extended by a period of one year effective from July 23, 2019. Petition stands disposed of.

IA. 16762/2019 Dismissed as infructuous.

Dasti.

V. KAMESWAR RAO, J JANUARY 23, 2020/jg