Era Infra Engineering Ltd v. Ntpc Ltd

$~79 * IN THE HIGH COURT OF DELHI AT NEW DELHI + O.M.P.(MISC.)(COMM.) 935/2024 ERA INFRA ENGINEERING LTD .....Petitioner Through:

Mr. Divyanshu Singh and Mr. Udit Seth, Advocates.

versus NTPC LTD .....Respondent Through:

Mr. Sanjay Rawat, Advocate.

CORAM:

HON'BLE MR. JUSTICE MANOJ KUMAR OHRI

O R D E R

% 21.02.2025 1.

By way of the present petition filed under Section 29A (4) and (5) of the Arbitration and Conciliation Act, 1996, the petitioner seeks extension of the mandate of the Arbitral Tribunal for concluding the Arbitral proceedings and passing the Award.

2.

Learned counsel for the petitioner submits that the mandate of the Arbitral Tribunal has already expired on 10.10.2023. It is stated that the petitioner was undergoing CIRP proceedings and a moratorium was imposed, resulting in a delay in approaching the Court. 3.

Learned counsel appearing for the respondent, on instructions, submits that the respondent has no objection to the prayer made in the petition.

4.

Considering the aforesaid request and the no objection given by the other side, the present petition is allowed and the mandate of the Arbitral Tribunal for passing of the award is extended by a period of six months from 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 01/07/2025 at 16:31:53

today. It is further observed that proceedings conducted after the expiry of the mandate, if any, shall also stand validated and regularised. 5.

The present petition is disposed of.

MANOJ KUMAR OHRI, J FEBRUARY 21, 2025 ga 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 01/07/2025 at 16:31:53