B. K. Bansal (Through Poa) v. Khera Buildcon Pvt. Ltd. And ANR.

$~69 * IN THE HIGH COURT OF DELHI AT NEW DELHI + O.M.P.(MISC.)(COMM.) 581/2024 B. K. BANSAL (THROUGH POA) .....Petitioner Through:

Mr. Aman Vashisht and Ms. Shanjali Gupta, Advs.

versus KHERA BUILDCON PVT. LTD. AND ANR.

.....Respondents Through:

Mr. Amit Seth and Mr. Vineet Mehta, Advs. (through v/c).

CORAM:

HON'BLE MR. JUSTICE SACHIN DATTA % 27.11.2024

O R D E R

1.

The present petition filed under Section 29A (4) and (5) of Arbitration and Conciliation Act, 1996 seeks extension of time for completion of arbitral proceedings and making of the arbitral award. 2.

Respective counsel for the parties jointly submit that the arbitral proceedings are at an advanced stage and the recording of the claimant's evidence stands concluded.

3.

It is submitted that given the nature of the matter, some time would be required for completion of arbitral proceedings and making of the arbitral award.

4.

In the circumstances, as jointly prayed, the time period for completion of arbitral proceedings and making of the arbitral award is extended till 30.09.2025.

5.

The petition is allowed in the above terms.

NOVEMBER 27, 2024/cl SACHIN DATTA, J 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 04:25:50