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High Court of DelhiO.M.P.(MISC.)(COMM.)/73/2018

Kosi Bridge Infrastructure Company Limited. Through Its Authorised Signatory v. National Highways Authority Of India

2018-05-08Hon'Ble Mr. Justice Vibhu Bakhru2 pages

$~30 *

IN THE HIGH COURT OF DELHI AT NEW DELHI

+ O.M.P.(MISC.)(COMM.) 73/2018 KOSI BRIDGE INFRASTRUCTURE COMPANY LIMITED THROUGH ITS AUTHORISED SIGNATORY ..... Decree Holder Through Mr Rohan Batra, Advocate.

versus NATIONAL HIGHWAYS AUTHORITY OF INDIA ..... Judgement Debtor Through Mr Alok Sinha, Mr Biswarup Mukherjee, Advocates.

CORAM:

HON'BLE MR. JUSTICE VIBHU BAKHRU

O R D E R

% 08.05.2018 IA No. 6317/2018 (Exemption) 1.

Allowed, subject to all just exceptions.

2.

The application is disposed of.

O.M.P.(MISC.)(COMM.) 73/2018 3.

The petitioner has filed the present petition under Section 29A of the Arbitration and Conciliation Act, 1996 (hereafter 'the Act'), inter alia, praying that the time for making the arbitral award be extended for a further period of six months from 03.05.2018. The learned counsel appearing for the respondent also joins the petitioner in making the aforesaid request. 4.

The learned counsel appearing for the parties state that the arbitral

proceedings are at the final stage and the Arbitral Tribunal has acted with due dispatch.

5.

In view of the above, the present petition is allowed and the time for making the arbitral award is extended for a further period of six months from 03.05.2018; that is up to 02.11.2018.

6.

The petition is disposed of.

7.

Order dasti.

VIBHU BAKHRU, J MAY 08, 2018 pkv