M/S Poineer Marktrade Pvt. Ltd v. Delhi Metro Rail Corporation Limited

$~33 *

IN THE HIGH COURT OF DELHI AT NEW DELHI

+ ARB. A. (COMM.) 66/2025 & I.A. 29680/2025 M/S POINEER MARKTRADE PVT. LTD .....Petitioner Through:

Mr. NP Singh and Barun Dey Advocates versus DELHI METRO RAIL CORPORATION LIMITED .....Respondent Through:

Mr. Gyanendra Kumar, Adv.

CORAM:

HON'BLE MR. JUSTICE JASMEET SINGH

O R D E R

% 27.11.2025 I.A. 29681/2025 & I.A. 29682/2025 Allowed subject to all just exceptions.

The applications stand disposed of.

ARB. A. (COMM.) 66/2025 1.

This is a petition filed under Section 37 of the Arbitration and Conciliation Act, 1996 seeking setting aside of the impugned order dated 31.10.2025 passed by the Arbitrator.

2.

Mr. Singh, learned counsel for the petitioner, states that in the present appeal, only the time granted by the respondent to furnish the bank guarantee in terms of order dated 31.10.2025 be extended by 4 weeks from today.

3.

For the said reasons, issue notice.

4.

Mr. Kumar, learned counsel accepts notice on behalf of the respondent and has no objection to the same.

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 05/12/2025 at 11:04:16

5.

In the view of the above, the period for furnishing bank guarantee as mentioned in the respondent's communication dated 17.11.2025 is extended by 4 weeks from today.

6.

Additionally, this Court has not commented on the merits of the appeal and all contentions, as available to the petitioner in law, are kept open. 7.

The petition is disposed of in aforesaid terms. JASMEET SINGH, J NOVEMBER 27, 2025/ (MS) 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 05/12/2025 at 11:04:16