Calcom Cement India Ltd & ANR. v. Binod Kumar Bawri & ORS.

$~36 * IN THE HIGH COURT OF DELHI AT NEW DELHI + O.M.P.(MISC.)(COMM.) 162/2018 CALCOM CEMENT INDIA LTD & ANR.

..... Decree Holders Through Mr. Rajeev K. Virmani, Sr. Adv. with Ms. Shipra Chaudhary and Mr.

Rishabh Bhargava, Advs.

versus BINOD KUMAR BAWRI & ORS.

..... Judgement Debtors Through Mr. Aman Sinha, Sr. Adv with Mr.

Ankur Sudan and Mr.

Pravesh Thakur, Advs.

CORAM:

HON'BLE MR. JUSTICE RAJIV SHAKDHER

O R D E R

% 20.07.2018 I.A. No.9428/2018 This is a joint application filed by the parties to seek extension of time for concluding the arbitration proceedings. The averments made in the application are suggestive of the fact that the Arbitral Tribunal was constituted on 20.03.2017.

Furthermore, I am informed that final arguments in the matter have commenced w.e.f. 14.07.2018. Learned counsel for the parties submit that the record is voluminous and, therefore, time be extended for concluding the arbitration proceedings by another six months. It is stated by the learned counsel that in the usual course, time for concluding arbitration proceedings will expire on 20.09.2018. O.M.P.(MISC.)(COMM.) 162/2018

Having heard the submissions made by the learned counsel for the parties, time for pronouncing and publishing the Award is extended till 31.03.2019.

The application is disposed of in the aforementioned terms. RAJIV SHAKDHER, J JULY 20, 2018 O.M.P.(MISC.)(COMM.) 162/2018