Mayar Infrastructure Development Pvt. Ltd v. B.L. Kashyap & Sons Ltd.

$~23 * IN THE HIGH COURT OF DELHI AT NEW DELHI + O.M.P.(MISC.)(COMM.) 129/2018 MAYAR INFRASTRUCTURE DEVELOPMENT PVT. LTD ..... Petitioner Through Mr.S.K. Gandhi, Mr.Shivanshu Kumar and Ms.Aakanksha Kaul, Advs.

versus B.L. KASHYAP & SONS LTD.

..... Respondent Through Mr.Abhimanyu Mahajan and Ms.Ambha Goel, Advs.

CORAM:

HON'BLE MR. JUSTICE NAVIN CHAWLA

O R D E R

% 31.05.2018 IA No.7774/2018 (Exemption) Allowed, subject to all just exceptions.

O.M.P.(MISC.)(COMM.) 129/2018 This petition under Section 29A(5) of the Arbitration and Conciliation Act, 1996 has been filed by the petitioner seeking extension of time for making of the Arbitral Award by the Arbitral Tribunal adjudicating the disputes that have arisen between the parties in relation to the Agreement dated 14.04.2011.

Learned counsel for the respondent, who appears on advance notice, submits that the respondent has no objection if the prayer is granted. Having perused the contents of the petition as also the no objection expressed by the learned counsel for the respondent, the time for making of

the Arbitral Award is extended by a further period of six months with effect from 13.08.2018.

The petition is allowed in the above terms with no order as to cost. Dasti.

NAVIN CHAWLA, J MAY 31, 2018/Arya