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High Court of DelhiO.M.P.(MISC.)(COMM.)/907/2024

Rajadhiraj Tirupani Vinayak Natraj Private Limited v. Facor Alloys Limited

2024-11-20Hon'Ble Mr. Justice Sachin Datta2 pages

$~80 * IN THE HIGH COURT OF DELHI AT NEW DELHI + O.M.P.(MISC.)(COMM.) 907/2024 RAJADHIRAJ TIRUPANI VINAYAK NATRAJ PRIVATE LIMITED .....Petitioner Through:

Mr. Sandeep Bajaj, Ms. Aakanksah Nehra and Mr. Aniruddha Mukherjee, Advs.

versus FACOR ALLOYS LIMITED .....Respondent Through:

Mr. Keshav Gulati and Mr. Kanishk Garg, Advs.

CORAM:

HON'BLE MR. JUSTICE SACHIN DATTA

O R D E R

% 20.11.2024 IA No.45671/2024 (Exemption) 1.

Allowed, subject to all just exceptions.

2.

Application stands disposed of.

O.M.P.(MISC.)(COMM.) 907/2024 3.

The present petition filed under Section 29A (4) of 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 10.11.2022 in O.M.P.(I) (COMM.) 310/2022. 5.

Respective counsel for the parties submit that final arguments before the learned sole Arbitrator stands concluded and only the awardremains to be pronounced.

6.

Considering the joint request of the parties, the time period for 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 12:01:47

completion of arbitral proceedings and making of the arbitral award is extended till 31.01.2025.

7.

The petition stands allowed in the above terms. SACHIN DATTA, J NOVEMBER 20, 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 12:01:47