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High Court of DelhiO.M.P.(MISC.)(COMM.)/115/2018

Ipl-Brahmaputra Infrastructure Ltd. (Jv) v. Airports Authority Of India

2018-05-25Hon'Ble Mr. Justice Vibhu Bakhru2 pages

$~34 *

IN THE HIGH COURT OF DELHI AT NEW DELHI

+ O.M.P.(MISC.)(COMM.) 115/2018 IPL-BRAHMAPUTRA INFRASTRUCTURE LTD. (JV) ..... Decree Holder Through:

Mr Udit Seth, Advocate.

versus AIRPORTS AUTHORITY OF INDIA ..... Judgement Debtor Through:

Mr Sunil Ahuja, Advocate.

CORAM:

HON'BLE MR. JUSTICE VIBHU BAKHRU

O R D E R

% 25.05.2018 IA No. 7404/2018 1.

Exemption is allowed, subject to all just exceptions. 2.

The application stands disposed of.

O.M.P.(MISC.)(COMM.) 115/2018 3.

The petitioner has filed the present application under Section 29A of the Arbitration and Conciliation Act, 1996, inter alia, praying that the time for making the award be extended for a period of six months. 4.

The learned counsel appearing for the parties state that the arbitral proceedings are at its final stage. The final arguments have been completed and the learned counsel for the parties have been asked to file written submissions.

5.

The learned counsel appearing for the respondent states that the respondent has no objection if the time for making the award is extended for a period of six months.

6.

In view of the consensus between the parties and considering that the arbitral proceeding is in its final stage, the time for making the award is extended for a period of six months, that is, 24.11.2018. 7.

The application is disposed of.

VIBHU BAKHRU, J MAY 25, 2018 RK