Sng Developers Limited v. Sng Vardhman Techno Build Pvt Ltd Through Its Resolution Professional

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IN THE HIGH COURT OF DELHI AT NEW DELHI

+ O.M.P.(MISC.)(COMM.) 1082/2025 SNG DEVELOPERS LIMITED .....Petitioner Through:

Mr.

Prateek Gupta, Mr.

Raghav Tiwari, Ms. Vishakha Kaushik, Advs.

versus SNG VARDHMAN TECHNO BUILD PVT LTD THROUGH ITS RESOLUTION PROFESSIONAL .....Respondent Through:

Mr. Aakash Bhatt, Adv.

CORAM:

HON'BLE MR. JUSTICE JASMEET SINGH

O R D E R

% 24.12.2025 1.

This is a petition filed under Section 29A (4) & (5) of the Arbitration and Conciliation Act, 1996 seeking extension of the mandate of the Arbitrator by a further period of 12 months for making and publishing the final Award.

2.

Mr. Gupta, learned counsel for the petitioner, states that there were some ongoing litigations and hence, the delay. 3.

For the said reasons, issue notice.

4.

Mr. Bhatt, learned counsel accepts notice on behalf of the respondent and has no objection to the petition being allowed. 5.

I am of the view that sufficient cause has been explained for the delay. 6.

In the view of the above, the petition is allowed and the mandate of the Arbitrator is extended by a period of 12 months from today. 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 26/12/2025 at 12:15:46

7.

The period from 28.11.2025 till today stands regularised. 8.

The petition is disposed of in aforesaid terms. JASMEET SINGH, J DECEMBER 24, 2025/sp 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 26/12/2025 at 12:15:46