Navyug Paper Products & ANR. v. Oriental Insurance Co Ltd.

$~37 *

IN THE HIGH COURT OF DELHI AT NEW DELHI

+ O.M.P.(MISC.)(COMM.) 510/2024 NAVYUG PAPER PRODUCTS & ANR.

.....Petitioners Through:

Ms. Ritika Jhurani, Advocate.

versus ORIENTAL INSURANCE CO LTD.

.....Respondent Through:

Mr.

Apoorv Sarvaria, Ms.

Yashika Sarvaria and Ms. Simran Chadha, Advs.

CORAM:

HON'BLE MR. JUSTICE C. HARI SHANKAR

O R D E R

% 18.07.2024 1.

This is a petition under Section 29A (4) of the Arbitration and Conciliation Act, 1996 seeking extension of the mandate of the learned Arbitral Tribunal presently in seisin of the disputes between the parties by a period of six months.

2.

The mandate of learned Arbitral Tribunal is stated to have expired on 30 June 2024.

3.

Learned counsel for the respondents has no objection. 4.

Accordingly, the mandate of the learned Arbitral Tribunal stands extended by six months w.e.f. today.

The petition stands disposed of in the aforesaid terms.

C. HARI SHANKAR, J JULY 18, 2024/mk 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 20/07/2024 at 11:28:09