Prehlad Singh Sethi v. Divine Infracon Private Limited

$~47 * IN THE HIGH COURT OF DELHI AT NEW DELHI + O.M.P.(MISC.)(COMM.) 861/2024 PREHLAD SINGH SETHI .....Petitioner Through:

Mr. Ravi Krishan Chandra, Mr. Mudit Ruhella and Mr. Malyaj Sehgal, Advs.

versus DIVINE INFRACON PRIVATE LIMITED .....Respondent Through:

Mr. Vijay Kasana, Mr. Chirag Kumar and Mr. Ankit Kumar, Advs.

CORAM:

HON'BLE MR. JUSTICE SACHIN DATTA

O R D E R

% 06.11.2024 IA No.44237/2024 (Exemption) 1.

Allowed, subject to all just exceptions.

2.

Application stands disposed of.

O.M.P.(MISC.)(COMM.) 861/2024 3.

The present petition filed under Section 29A (4) and (5) of the Arbitration and Conciliation Act, 1996 seeks extension of time for completion of arbitral proceedings and making of the arbitral award. 4.

The learned Sole Arbitrator was appointed by this Court vide order dated 31.10.2022 in ARB.P. 768/2022.The arbitral proceedings are stated to be at an advanced stage and final arguments are in the process of being addressed by the parties.

5.

Respective counsel for the parties jointly submit that some further time shall be required for completion of arbitral proceedings and making of arbitral award.

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 11/11/2024 at 11:30:08

6.

In the circumstances, as jointly prayed, the time for completion of arbitral proceedings and making of the arbitral award is extended till 31.05.2025.

7.

The present petition is allowed in the above terms. SACHIN DATTA, J NOVEMBER 6, 2024/cl 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 11/11/2024 at 11:30:08