Millennium Education Management Private Limited v. Sidhi Vinayak Foundation

$~68 * IN THE HIGH COURT OF DELHI AT NEW DELHI + O.M.P.(MISC.)(COMM.) 816/2024 and IA No.42149/2024 MILLENNIUM EDUCATION MANAGEMENT PRIVATE LIMITED .....Petitioner Through:

Mr. Dhruv Varma and Mr. Rohit Kathuria, Advs.

versus SIDHI VINAYAK FOUNDATION .....Respondent Through:

Mr. Siddharth Prakash Malik, Ms.

Chhavi jin, Mr. P.S. Singal, Ms.

Aruna Gupta and Mr. Anmol Lohia, Advs.

Ms. Prerna Singh, Adv. (through v/c)

CORAM:

HON'BLE MR. JUSTICE SACHIN DATTA % 29.11.2024

O R D E R

1.

The present petition filed under Section 29A(5) of the Arbitration and Conciliation Act, 1996 (hereinafter referred as 'the A&C Act') seeks extension of time for completion of the arbitral proceedings and making of the Arbitral Award.

2.

This Court vide order dated 23.08.2022 in ARB (P) 683/2022 appointed the learned Sole Arbitrator to adjudicate the disputes between the parties. The Arbitral Tribunal entered into reference on 17.09.2022. 3.

The mandate of the Arbitral Tribunal was mutually extended on 21.02.2024 by the parties for a period of six months. 4.

The learned counsel for the petitioner submits that on 22.08.2024, the witness of claimant was partially examined; further examination-in-chief 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 06/12/2024 at 12:49:35

was deferred by the learned Sole Arbitrator.

5.

Vide order dated 22.08.2024, the learned Sole Arbitrator directed the parties to approach this Court for extension of the mandate. 6.

Respective counsel for the parties jointly submit that some further time would be required for completion of the arbitral proceedings and making of the Arbitral Award and requested that an appropriate extension of time be granted.

7.

Accordingly, with the consent of the parties, the time period for completion of arbitral proceedings and making of the Arbitral Award is extended till 30.09.2025.

8.

The present petition is allowed in the above terms. SACHIN DATTA, J NOVEMBER 29, 2024/ak 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 06/12/2024 at 12:49:35