Era Infra Engineering Ltd v. Ntpc Ltd
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IN THE HIGH COURT OF DELHI AT NEW DELHI
+ O.M.P.(MISC.)(COMM.) 668/2024 ERA INFRA ENGINEERING LTD .....Petitioner Through:
Mr. Udit Seth, Mr. Divyanshu, Advs.
versus NTPC LTD .....Respondent Through:
Mr. Puneet Taneja, Mr. Amit Yadav, Mr. Anil Kumar, Mr. Monmahan Singh Narula, Advs.
Mr. Adarsh Tripathi, Mr. Vikram Singh Baid, Mr. Ajitesh Garg, Advs.
CORAM:
HON'BLE MR. JUSTICE JASMEET SINGH
O R D E R
% 03.09.2024 I.A. 38180/2024-EX. &I.A. 38181/2024-EX.
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.) 668/2024 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 12 months for concluding the arbitral proceedings and passing the final award.
5.
It is stated that the since the matter was pending before the NCLT, 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 06/09/2024 at 15:33:58
delay has occurred.
6.
Issue notice.
7.
Mr. Taneja, and Mr. Tripathi, learned counsels accept notice on behalf of the respondent and states that they have 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. The petition is allowed and the mandate of the Arbitral Tribunal is extended by a period of 12 months from today. 9.
The period from 01.03.2024 till today stands regularized. 10.
The petition is disposed of accordingly.
JASMEET SINGH, J SEPTEMBER 3, 2024/NG 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 06/09/2024 at 15:33:58