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High Court of DelhiO.M.P.(MISC.)(COMM.)/730/2024

Daffodil Software Private Limited v. Pas Digital Pvt Ltd

2024-09-17Hon'Ble Mr. Justice Jasmeet Singh1 pages

$~44 * IN THE HIGH COURT OF DELHI AT NEW DELHI + O.M.P.(MISC.)(COMM.) 730/2024 DAFFODIL SOFTWARE PRIVATE LIMITED .....Petitioner Through:

Ms Snigdha Singh, Mr Kumar Shashwat and Ms Damin Deo Singh, Advs. (through VC) versus PAS DIGITAL PVT LTD .....Respondent Through:

Mr Somesh Pandey, Adv. (through VC)

CORAM:

HON'BLE MR. JUSTICE JASMEET SINGH

O R D E R

% 17.09.2024 1.

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 6 months for concluding the arbitral proceedings and passing the final award.

2.

It is stated that the arbitral record is very voluminous and the subject matter is technical in nature.

3.

Issue notice.

4.

Mr Pandey, learned counsel accepts notice on behalf of the respondent and states that he has no objection to the petition being allowed. 5.

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. 6.

The period from 04.08.2024 till today stands regularized. 7.

The petition is disposed of accordingly.

JASMEET SINGH, J SEPTEMBER 17, 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 30/09/2024 at 11:58:14