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High Court of DelhiO.M.P.(MISC.)(COMM.)/525/2024

M/S Arss Infrastructure Projects Ltd v. Steel Authority Of India Limited & ANR.

2024-07-18Hon'Ble Mr. Justice Jasmeet Singh1 pages

$~58 *

IN THE HIGH COURT OF DELHI AT NEW DELHI

+ O.M.P.(MISC.)(COMM.) 525/2024 M/S ARSS INFRASTRUCTURE PROJECTS LTD.....Petitioner Through:

Ms. Monisha Handa and Mr. Mohit D. Ram, Advs.

versus STEEL AUTHORITY OF INDIA LIMITED & ANR.

.....Respondent Through:

Mr. Alakh Kumar, Adv.

CORAM:

HON'BLE MR. JUSTICE JASMEET SINGH

O R D E R

% 18.07.2024 1.

This is a petition filed under section 29 A (5) of the Arbitration and Conciliation Act, 1996 seeking extension of the mandate of the Arbitral Tribunal for a period of one year from 01.09.2024. 2.

It is stated that the delay has occurred on account of Covid-19 pandemic.

3.

For the said reasons, issue notice.

4.

Mr. Kumar, learned counsel accepts notice on behalf of the respondent and has no objection to the petition being allowed. 5.

I am satisfied that sufficient cause has been given. 6.

The mandate of the arbitral tribunal is extended by a period of one year with effect from 01.09.2024 to make and publish the arbitral award. 7.

The petition is disposed of.

JASMEET SINGH, J JULY 18, 2024/NG 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 03/07/2025 at 04:23:49