M/S Power Mech Projects Limited v. M/S Ntpc Bhel Power Projects Private Limited

$~58 *

IN THE HIGH COURT OF DELHI AT NEW DELHI

+ O.M.P.(MISC.)(COMM.) 797/2024 M/S POWER MECH PROJECTS LIMITED .....Petitioner Through:

Mr. Arjun D Singh, Mr. Ishat Singh, Mr. Yimyanger, Ms. Nisha Pandey, Advs.

versus M/S NTPC BHEL POWER PROJECTS PRIVATE LIMITED .....Respondent Through:

Mr. Adarsh Tripathi,Mr. Vikram Singh Baid, Mr. Ajitesh Garg, Advs.

CORAM:

HON'BLE MR. JUSTICE JASMEET SINGH

O R D E R

% 07.10.2024 I.A. 41546/2024-EX.

1.

Exemption is granted subject to all just exceptions. 2.

The applicant(s) 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.) 797/2024 4.

This is a petition filed under Section 29A(4) & (5) of the Arbitration and Conciliation Act, 1996 seeking extension of the mandate of the Arbitral Tribunal by a period of 12 months.

5.

It is stated that the respondent company had undergone CIRP proceedings and hence, the delay.

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 04:22:51

6.

For the said reasons, issue notice.

7.

Mr. Tripathi, learned counsel accepts notice on behalf of the respondent and 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 05.10.2024 till date stands regularised.

10. The petition is disposed of.

JASMEET SINGH, J OCTOBER 7, 2024 / (MS) 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 03/07/2025 at 04:22:51