Il And Fs Energy Development Company Limited v. Amity University Uttar Pradesh

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IN THE HIGH COURT OF DELHI AT NEW DELHI

+ O.M.P.(MISC.)(COMM.) 588/2025 IL AND FS ENERGY DEVELOPMENT COMPANY LIMITED .....Petitioner Through:

Mr. Sarojanand Jha, Mr. Suraj Malik, Ms Rajreeta Ghosh, Mr Rahul Kumar, Ms Muskan Saxena, Advs.

versus AMITY UNIVERSITY UTTAR PRADESH .....Respondent Through:

Mr. Raajan Chawla and Manika Jolly, Advs.

CORAM:

HON'BLE MR. JUSTICE JASMEET SINGH

O R D E R

% 04.08.2025 1.

This is a petition filed under Section 29A of the Arbitration and Conciliation Act, 1996, seeking extension of the mandate of the Arbitral Tribunal by a period of 3 months for concluding the Arbitral Proceedings and passing the final Award.

2.

Learned counsel for the parties jointly state that the parties have already arrived at a settlement.

3.

Under the terms of the settlement, the claims of the petitioner have to be formally withdrawn.

4.

Mr. Jha, learned counsel for the petitioner, states that, on instructions, he is ready and willing to make a statement before the Court that the claims of the petitioner stand formally withdrawn in view of the settlement.

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 11/08/2025 at 12:32:14

5.

In view of the statement of the learned counsel for the petitioner, there is no requirement for extending the mandate of the Arbitral Tribunal. 6.

Taking his statement on record and binding the parties to the same, the petition is disposed of.

JASMEET SINGH, J AUGUST 4, 2025 / (MS) 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 11/08/2025 at 12:32:14