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High Court of DelhiO.M.P.(MISC.)(COMM.)/829/2024

Kalpataru Projects International Limited Formerly Known As Jmc Projects India Limited v. Indure Private Limited

2024-10-18Hon'Ble Mr. Justice Sachin Datta2 pages

$~51 * IN THE HIGH COURT OF DELHI AT NEW DELHI + O.M.P.(MISC.)(COMM.) 829/2024 KALPATARU PROJECTS INTERNATIONAL LIMITED FORMERLY KNOWN AS JMC PROJECTS INDIA LIMITED .....Petitioner Through:

Mr. Shamik S. and Mr. Aditya Tripathi, Advocates.

versus INDURE PRIVATE LIMITED .....Respondent Through:

Ms. Simran Wason, Advocate.

CORAM:

HON'BLE MR. JUSTICE SACHIN DATTA % 18.10.2024

O R D E R

I.A. 42511/2024 1.

Allowed subject to all just exceptions.

2.

Application stands disposed of.

O.M.P.(MISC.)(COMM.) 829/2024 3.

The present petition under Section 29A of the Arbitration and Conciliation Act, 1996 (hereinafter 'the A&C Act') has been filed by the petitioner seeking extension of time for completion of arbitral proceedings and making of the arbitral award.

4.

Respective counsel jointly submit that the learned Sole Arbitrator has proceeded with the matter with expedition and dispatch, however, considering the nature of the matter, considerable time would be required to complete the arbitral proceedings and make the arbitral award. 5.

Accordingly, at joint request of the parties, the time period for completion of arbitral proceedings and making of the arbitral award, is 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 04:22:31

extended till 30.09.2026.

6.

The present petition stands allowed in the above terms. SACHIN DATTA, J OCTOBER 18, 2024/at 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 04:22:31