Bil-Bla-Gsco (Jv) Through Its Authorised Signatory v. Ntpc Limited Thorugh Its Managing Director

$~38 * IN THE HIGH COURT OF DELHI AT NEW DELHI + O.M.P.(MISC.)(COMM.) 264/2018 BIL-BLA-GSCO (JV) THROUGH ITS AUTHORISED SIGNATORY ..... Petitioner Through Mr.Rohan Batra and Ms.Harshita Choubey, Advs.

versus NTPC LIMITED THORUGH ITS MANAGING DIRECTOR ..... Respondent Through Mr.Rajesh Mahendru and Mr.Puneet Taneja, Advs.

CORAM:

HON'BLE MR. JUSTICE NAVIN CHAWLA

O R D E R

% 24.09.2018 I.A. No.12936/2018 Allowed, subject to all just exceptions.

I.A. No.12935/2018 (Exemption) Allowed, subject to all just exceptions.

O.M.P.(MISC.)(COMM.) 264/2018 This petition under Section 29A(4) 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 Project Agreement dated 25.03.2013 for the Development and Operation of the Chatti Bariatu Coal Mining Block.

Learned counsel for the respondent, who appears on an advance notice, submits that the respondent has no objection if the time for making of the Award is extended.

Keeping in view the contents of the petition and 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 24.09.2018.

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

NAVIN CHAWLA, J SEPTEMBER 24, 2018/Arya