Naresh Nanubhai Desai v. Emaar India Limited

$~79 * IN THE HIGH COURT OF DELHI AT NEW DELHI + O.M.P.(MISC.)(COMM.) 892/2024 NARESH NANUBHAI DESAI .....Petitioner Through:

Mr. Vikas Mishra and Mr. Sanchit Gawri, Advs.

versus EMAAR INDIA LIMITED .....Respondent Through:

Mr. Dhruv Rastogi, Adv.

CORAM:

HON'BLE MR. JUSTICE SACHIN DATTA

O R D E R

% 18.11.2024 IA No.45208/2024 (Exemption) 1.

Allowed, subject to all just exceptions.

2.

Application stands disposed of.

O.M.P.(MISC.)(COMM.) 892/2024 3.

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

4.

It is submitted that the arbitral proceedings are at an advance stage and the claimant has already concluded his final arguments. 5.

Respective counsel for the parties jointly submit that an appropriate extension of time be granted for completion of the arbitral proceedings and making of the arbitral award.

6.

Considering the averments made in the petition and joint request of learned counsel of parties, the time period for completion of arbitral proceedings and making of arbitral award is extended till 30.04.2025. 7.

The present petition is allowed in the above terms. SACHIN DATTA, J NOVEMBER 18, 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 26/11/2024 at 12:01:43