Navrang Infrastructure Inc v. Rudra Buildwell Homes Private Limited

$~57 * IN THE HIGH COURT OF DELHI AT NEW DELHI + O.M.P. (MISC.) 39/2024 NAVRANG INFRASTRUCTURE INC .....Petitioner Through:

Ms. Shankari Mishra, Advocate.

versus RUDRA BUILDWELL HOMES PRIVATE LIMITED.....Respondent Through:

Ms. Sakshi Tikmany, Advocate.

CORAM:

HON'BLE MR. JUSTICE SUBRAMONIUM PRASAD

O R D E R

% 20.11.2024 I.A. 45607/2024 (Exemption) Allowed, subject to all just exceptions.

O.M.P. (MISC.) 39/2024 1.

This Petition under Section 29A(4) and 29A(5) of the Arbitration and Conciliation Act, 1996, read with Section 7 of the Commercial Courts Act, 2015, has been filed by the Petitioner for extending the mandate of the sole arbitrator in the Arbitration proceedings which are going on between the parties.

2.

Material on record indicates that this Court vide Order dated 15.11.2016 appointed Mr. Sanjeev Puri, Sr. Advocate, as the Arbitrator, to adjudicate upon the disputes between the parties. 3.

It is stated that the mandate of the Tribunal is being extended from time to time and the last such extension was granted by this Court vide Order dated 29.05.2024. It is stated that the mandate of the Arbitrator 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 12:01:41

expired on 05.11.2024 4.

It is stated by the learned Counsel for the Petitioner that the matter is at the stage of rejoinder argumnets and, therefore, the mandate of the Arbitrator be extended for a period of six months. 5.

The Apex Court in Rohan Builders (India) Private Limited v. Berger Paints India Limited, 2024 SCC OnLine SC 2494, has held that an application for extension of the time period for passing an arbitral award under Section 29A(4) read with Section 29A(5) is maintainable even after the expiry of the twelve-month or the extended six-month period, as the case may be.

6.

Accordingly, this Court is inclined to extend the mandate of the Arbitral Tribunal for a further period of six months, i.e. till 05.05.2025, so that the award can be pronounced and no further extension of time would be required by the Tribunal.

7.

The Petition is disposed of, along with the pending applications, if any.

SUBRAMONIUM PRASAD, J NOVEMBER 20, 2024 Rahul 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 12:01:41