Era Infra Engineering Limited v. Ntpc Ltd

$~31 *

IN THE HIGH COURT OF DELHI AT NEW DELHI

+ O.M.P.(MISC.)(COMM.) 620/2024 ERA INFRA ENGINEERING LIMITED .....Petitioner Through:

Mr. Udit Seth, Mr. Divyanshu, Advs.

versus NTPC LTD .....Respondent Through:

Mr. Puneet Taneja, Mr. Anil Kumar, Mr. Amit Yadav, Advs.

CORAM:

HON'BLE MR. JUSTICE JASMEET SINGH

O R D E R

% 16.08.2024 I.A. 36619/2024 & I.A. 36620/2024 1.

Exemption is granted subject to all just exceptions. 2.

The petitioner shall file legible and clearer copies of exempted documents, compliant with practice rules before the next date of hearing. 3.

The applications are disposed of.

O.M.P.(MISC.)(COMM.) 620/2024 4.

This is a petition under Section 29A(4) and (5) of the Arbitration and Conciliation Act, 1996 seeking extension of the mandate of the Arbitral Tribunal for a period of 1 year to conclude the arbitration proceedings and make and publish the Arbitral Award.

5.

It is stated that there were some proceedings pending before the NCLT and therefore, the arbitration proceedings could not be completed within the stipulated time.

6.

For the said reasons, issue notice. Mr. Taneja, learned counsel for the 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 28/08/2024 at 12:33:03

respondent accepts notice and has no objection to the petition being allowed. 7.

I am satisfied that sufficient cause has been shown for the delay. 8.

For the said reasons, the petition is allowed and the mandate of the Arbitral Tribunal is extended for a period of 1 year to conclude the arbitral proceedings and publish the Arbitral Award 9.

The period from 31.07.2024 till today stands regularized. 10.

The petition is allowed and disposed of.

JASMEET SINGH, J AUGUST 16, 2024/DM 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 28/08/2024 at 12:33:03