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High Court of DelhiO.M.P.(MISC.)(COMM.)/943/2024

Ss Supply Chain Solutions Pvt. Ltd. v. Okaya Power Pvt. Ltd.

2024-12-04Hon'Ble Mr. Justice Subramonium Prasad2 pages

$~59 * IN THE HIGH COURT OF DELHI AT NEW DELHI + O.M.P.(MISC.)(COMM.) 943/2024 SS SUPPLY CHAIN SOLUTIONS PVT. LTD.

.....Petitioner Through:

Appearance not given versus OKAYA POWER PVT. LTD.

.....Respondent Through:

Mr. Achin Mittal Advocate

CORAM:

HON'BLE MR. JUSTICE SUBRAMONIUM PRASAD

O R D E R

% 04.12.2024 I.A. 47092/2024 (Exemption) Allowed, subject to all just exceptions.

O.M.P.(MISC.)(COMM.) 943/2024 & I.A. 47093/2024 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 16.04.2021 appointed Retire Justice Manmohan Singh, 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 12.12.2023. It is stated that the mandate of the Arbitrator expired on 31.08.2024 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 06/12/2024 at 12:49:37

4.

It is stated by the learned Counsel for the Petitioner that the matter is at the stage of final arguments and, therefore, the mandate of the Arbitrator be extended for a period of four 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 four months with effect from 31.08.2024, i.e. till 31.12.2024 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 DECEMBER 04, 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 06/12/2024 at 12:49:37