Ms Ernst And Young Llp v. Manyata Developers Pvt Ltd & ORS.

$~56 * IN THE HIGH COURT OF DELHI AT NEW DELHI + O.M.P.(MISC.)(COMM.) 772/2024 MS ERNST AND YOUNG LLP .....Petitioner Through:

Ms. Sakshi Mand, Advocate.

versus MANYATA DEVELOPERS PVT LTD & ORS. .....Respondents Through:

Mr. Abhimanyu Bhandari, Senior Advocate with Ms. Sugandh Kochhar, Advocate.

CORAM:

HON'BLE MR. JUSTICE SUBRAMONIUM PRASAD

O R D E R

% 30.09.2024 1.

This Petition under Section 29A(4) and 29A(5) of the Arbitration and Conciliation Act, 1996, read with Section 7 of the Commercial Courts Act, 2015, has been filed by the Petitioner for extending the mandate of the sole Arbitrator in the Arbitration proceedings which are going on between the parties.

2.

Material on record indicates that the Arbitral Tribunal was constituted and Hon'ble Mr. Justice Jayant Nath (Retd.) was appointed as the Sole Arbitrator on 05.01.2023.

3.

It is stated by the learned Counsel for the Petitioner that the matter is fixed for recording of evidence of the witnesses and cross-examination of CW1 and the Tribunal has informed the parties that it would require additional time of six months to prepare the final award. 4.

In the facts and circumstance of this case, this Court is inclined to 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 04/10/2024 at 11:50:04

extend the mandate of the Arbitral Tribunal for a further period of six months so that the award can be pronounced and no further extension of time would be required by the Tribunal.

5.

The Petition is disposed of, along with the pending applications, if any.

SUBRAMONIUM PRASAD, J SEPTEMBER 30, 2024 Rahul 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 04/10/2024 at 11:50:04