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High Court of DelhiO.M.P.(MISC.)(COMM.)/795/2024

Sterling And Wilson Pvt Ltd v. Mata Amritanandamayi Math

2024-10-07Hon'Ble Mr. Justice Subramonium Prasad2 pages

$~65 * IN THE HIGH COURT OF DELHI AT NEW DELHI + O.M.P.(MISC.)(COMM.) 795/2024 STERLING AND WILSON PVT LTD.

.....Petitioner Through:

Mr. Sanjeev Kumar Tyagi, Advocate.

versus MATA AMRITANANDAMAYI MATH .....Respondent Through:

Mr. Prakhar Deep, Mr. Nishant Doshi, Mr. Anirveda Sharma and Mr.

Nitin Sharma, Advocates.

CORAM:

HON'BLE MR. JUSTICE SUBRAMONIUM PRASAD

O R D E R

% 07.10.2024 I.A. 41544/2024 (Exemption) Allowed, subject to all just exceptions.

O.M.P.(MISC.)(COMM.) 795/2024 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 Arbitral Tribunal was appointed on 01.06.2022. It is stated that the mandate of the Tribunal expired was extended for a further period of six months by way of mutual consent of the parties and the extended six-month period will expire on 13.10.2024. 3.

The present Petition has, therefore, been filed seeking extension of mandate of the Arbitral Tribunal.

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 15/10/2024 at 12:04:27

4.

It is stated by the learned Counsel for the Petitioner that final arguments have been heard and award has been reserved. It is, therefore, stated that the mandate of the Arbitral Tribunal be extended for a period of six months so that the award can be pronounced by the Arbitral Tribunal. 5.

In view of the facts of the present case, this Court is inclined to extend the mandate of the Arbitral Tribunal for a further period of six months, i.e. till 13.04.2025, so that the award can be pronounced and no further extension of time would be required by the Tribunal. 6.

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

SUBRAMONIUM PRASAD, J OCTOBER 07, 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 15/10/2024 at 12:04:27