Rajadhiraj Tirupani Vinayak Natraj Private Limited v. Facor Alloys Limited
$~68 * IN THE HIGH COURT OF DELHI AT NEW DELHI + O.M.P.(MISC.)(COMM.) 627/2024 RAJADHIRAJ TIRUPANI VINAYAK NATRAJ PRIVATE LIMITED .....Petitioner Through:
Mr Sandeep Bajaj, Ms Aakanksha Nehra and Mr Saurav Joon, Advs.
(through VC) versus FACOR ALLOYS LIMITED .....Respondent Through:
Mr Keshav M Gulati, Mr Kanishk Garg and Mr Kartik Gupta, Advs.
CORAM:
HON'BLE MR. JUSTICE JASMEET SINGH
O R D E R
% 20.08.2024 I.A. 36841/2024 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 application is disposed of.
O.M.P.(MISC.)(COMM.) 627/2024 4.
This is a petition filed under Section 29A(4) and (5) of the Arbitration and Conciliation Act, 1996 seeking extension of mandate of the Arbitral Tribunal by a period of 3 months for concluding the arbitral proceedings and passing the final award.
5.
It is stated that the arguments have been concluded and Award has already been reserved.
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6.
Issue notice.
7.
Mr Gulati, learned counsel accepts notice on behalf of the respondent and states that he has no objection to the petition being allowed. 8.
For the reasons noted above, I am of the view that sufficient cause has been explained for the delay.
9.
The petition is allowed and the mandate of the Arbitral Tribunal is extended by a period of 3 months from today.
10.
The period from 14.08.2024 till today stands regularized. 11.
The petition is disposed of accordingly.
JASMEET SINGH, J AUGUST 20, 2024 sr 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 27/08/2024 at 11:44:24