Ranchi Expressways Ltd. v. National Highways Authority Of India
$~43 * IN THE HIGH COURT OF DELHI AT NEW DELHI + O.M.P.(MISC.)(COMM.) 677/2024 RANCHI EXPRESSWAYS LTD.
.....Petitioner Through:
Mr Navin Kumar, Ms Surbhi Agarwal, Ms Rashmeet Kaur, Ms Bhagya Ajith and Mr Udit Kumar Chaturvedi, Aḍvs.
versus NATIONAL HIGHWAYS AUTHORITY OF INDIA .....Respondent Through:
Mr Jitendra Kumar Singh, Ms Harshita Singh, Ms Anjali Kumari and Ms Shivpriya, Advs.
CORAM:
HON'BLE MR. JUSTICE JASMEET SINGH
O R D E R
% 04.09.2024 I.A. 38338/2024 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.) 677/2024 4.
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 12 months for concluding the arbitral proceedings and passing the final award.
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 12/09/2024 at 12:19:40
5.
Mr Kumar, learned counsel for the petitioner states that because of Insolvency Proceedings against the petitioner, there was some delay in concluding the arbitral proceedings.
6.
Issue notice.
7.
Mr Singh, 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. 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 01.09.2024 till today stands regularized. 10.
The petition is disposed of accordingly.
JASMEET SINGH, J SEPTEMBER 4, 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 12/09/2024 at 12:19:40