M/S Hamdard Laboratories (India) v. M/S. Sterling Electro Enterprises Pvt. Ltd.
$~47 * IN THE HIGH COURT OF DELHI AT NEW DELHI + O.M.P.(MISC.)(COMM.) 655/2024 M/S HAMDARD LABORATORIES (INDIA) .....Petitioner Through:
S Gowthaman, Adv.
versus M/S. STERLING ELECTRO ENTERPRISES PVT. LTD.
.....Respondent Through:
Mr Ashish Garg, Ms Shivani Sharma and Ms Simran Bajaj, Advs.
CORAM:
HON'BLE MR. JUSTICE JASMEET SINGH
O R D E R
% 30.08.2024 I.A. 37838/2024 1.
Exemption allowed, subject to all just exceptions. 2.
The application stands disposed of.
O.M.P.(MISC.)(COMM.) 655/2024 3.
This is a petition filed under Section 29A(4) of the Arbitration and Conciliation Act, 1996 seeking extension of mandate of the Arbitral Tribunal by a period of 6 months for concluding the arbitral proceedings and passing the final award.
4.
It is stated that the evidence of the claimant's witnesses are over, however, the cross-examination of respondent's witnesses is taking some time.
5.
Issue notice.
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6.
Ms Sharma, learned counsel accepts notice on behalf of the respondent and states that she has no objection to the petition being allowed. 7.
For the reasons noted above, I am of the view that sufficient cause has been explained for the delay. The petition is allowed and the mandate of the Arbitral Tribunal is extended by a period of 6 months from today. 8.
The petition is disposed of accordingly.
JASMEET SINGH, J AUGUST 30, 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 10/09/2024 at 12:14:47