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High Court of DelhiO.M.P.(MISC.)(COMM.)/26/2024

Prayagraj Power Generation Company Ltd. v. Bharat Heavy Electricals Ltd.,

2024-01-15Hon'Ble Mr. Justice Prateek Jalan2 pages

$~35 *

IN THE HIGH COURT OF DELHI AT NEW DELHI

+ O.M.P.(MISC.)(COMM.) 26/2024 PRAYAGRAJ POWER GENERATION COMPANY LTD.

..... Petitioner Through:

Mr. Shri Venkatesh, Mr. Suhael Buttan, Mr. Vineet Kumar, Mr.

Harsh Vardhan, Mr.

Siddharth Nigotia, Advocates.

versus BHARAT HEAVY ELECTRICALS LTD., ..... Respondent Through:

Mr.

Divyansh Rai, Mr.

Kartik Nayar, Mr.

Krish Kalra, Advocates.

CORAM:

HON'BLE MR. JUSTICE PRATEEK JALAN

O R D E R

% 15.01.2024 I.A. 959/2024 (for exemption) Exemption allowed, subject to all just exceptions. The application stands disposed of.

O.M.P.(MISC.)(COMM.) 26/2024 1.

This is a joint petition of the parties under Section 29A of the Arbitration and Conciliation Act, 1996, seeking extension of the mandate of the learned Arbitral Tribunal, which is in seisin of disputes between the parties pursuant to four agreements, two dated 18.03.2010 and two dated 16.12.2011.

2.

The learned Arbitral Tribunal entered upon the reference on O.M.P.(MISC.)(COMM.) 26/2024 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 03/07/2025 at 04:24:40

22.04.2019 and its mandate has been extended from time to time, lastly by an order of this Court dated 29.03.2023 until 31.12.2023. I am informed that proceedings are at the stage of cross examination of witnesses.

3.

Learned counsel for the parties seek an extension of the mandate of the learned Tribunal until 31.12.2024 and assure the Court that they will cooperate with the learned Arbitral Tribunal to ensure expeditious adjudication of the matter.

4.

Having regard to the above, the petition is allowed, and the mandate of the learned Tribunal is extended until 31.12.2024. PRATEEK JALAN, J JANUARY 15, 2024 'Bhupi'/ O.M.P.(MISC.)(COMM.) 26/2024 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 03/07/2025 at 04:24:40