M/S Prasad Construction And Co v. Wapcos Ltd

$~20 * IN THE HIGH COURT OF DELHI AT NEW DELHI + O.M.P.(MISC.)(COMM.) 1022/2024 M/S PRASAD CONSTRUCTION AND CO .....Petitioner Through:

Mr. Kunwar Chandresh, Ms. Poonam Prasad, Mr. Divyansh Singh & Ms.

Anushka Nigam, Advocates.

versus WAPCOS LTD .....Respondent Through:

Mr. Amrit Pradhan, Advocate.

CORAM:

HON'BLE MS. JUSTICE SWARANA KANTA SHARMA

O R D E R

% 24.12.2024 I.A. 49842/2024 (Exemption) 1.

Allowed, subject to all just exceptions.

2.

The application is disposed of.

O.M.P.(MISC.)(COMM.) 1022/2024 3.

The instant petition under Section 29A(5) of the Arbitration and Conciliation Act, 1996, has been filed on behalf of the petitioner, seeking the following relief:

"(a) Allow the present petition and grant further extension for the period of 6 months from 29.11.2024 to 29.05.2025 in continuation of order dated 09.08.2024 in the first Reference for making the Award;"

4.

Issue notice.

5.

Mr. Amrit Pradhan, learned counsel appearing for the respondent 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 30/12/2024 at 12:29:45

accepts notice and submits that he has no objection to the mandate of the learned Arbitral Tribunal being extended.

6.

Having heard the learned counsels for both the parties and for the reasons stated in the petition, as well as in view of the no objection given by the respondent, this Court is inclined to extend the mandate of the learned Arbitral Tribunal by a period of six months, from 29.11.2024 to 29.05.2025. 7.

The petition is accordingly disposed of in the above terms. 8.

The order be uploaded on the website forthwith. SWARANA KANTA SHARMA, J DECEMBER 24, 2024/at Click here to check corrigendum, if any 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 30/12/2024 at 12:29:45