Glowsun Powergen Private Limited v. Hammond Power Solutions Private Limited
$~89 * IN THE HIGH COURT OF DELHI AT NEW DELHI + O.M.P.(MISC.)(COMM.) 954/2024 GLOWSUN POWERGEN PRIVATE LIMITED .....Petitioner Through:
Mr. Shantanu Agarwal, Ms. Asmita Srivastav and Ms.
Chandreyee Maitra, Advocates.
versus HAMMOND POWER SOLUTIONS PRIVATE LIMITED .....Respondent Through:
Mr. Moazzam Khan, Mr. Aniruddha Choudhury, Mr. Amit Bhatia, Mr.
Prince Kumar, Advocates.
CORAM:
HON'BLE MR. JUSTICE SUBRAMONIUM PRASAD
O R D E R
% 17.12.2024 1.
This Petition under Section 29A(4) and 29A(5) of the Arbitration and Conciliation Act, 1996 has been filed by the Petitioner for extending the mandate of the Sole Arbitrator who was appointed by this Court on 23.11.2021 in a petition being ARB. P. 961/2021 filed by the Petitioner. 2.
Material on record indicates that vide Order dated 28.05.2024, the mandate of the Arbitrator was extended by this Court till 31.12.2024. The mandate of the Arbitrator is going to expire on 31.12.2024. 3.
Learned Counsel appearing for the Respondent submits that he has no objections if the mandate of the Arbitrator is extended. 4.
Taking into account the facts of the present case, this Court is inclined to extend the mandate of the Sole Arbitrator for a period of eight months from 31.12.2024, so that the award can be pronounced. 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 20/12/2024 at 12:51:35
5.
In view of the fact that the Sole Arbitrator was appointed in November, 2021 and three years have lapsed after the appointment, the Ld. Arbitrator is requested to conclude the Arbitration Proceedings on or before the extended period.
6.
The Petition is disposed of, along with the pending applications, if any.
SUBRAMONIUM PRASAD, J DECEMBER 17, 2024 S. Zakir 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 20/12/2024 at 12:51:35