Ncc Ltd (Formerly Known As Nagarjuna Construction Company Limited) v. Somdatt Builders Pvt Ltd
$~23 * IN THE HIGH COURT OF DELHI AT NEW DELHI + O.M.P.(MISC.)(COMM.) 400/2018 NCC LTD (FORMERLY KNOWN AS NAGARJUNA CONSTRUCTION COMPANY LIMITED) ..... Petitioner Through: Ms.Priya Kumar, Mr.Adhish Srivastava, Advs.
versus SOMDATT BUILDERS PVT LTD ..... Respondent Through: Col. Rakesh Kharb, (Retd.), Executive Director for the respondent.
CORAM:
HON'BLE MR. JUSTICE NAVIN CHAWLA
O R D E R
% 19.12.2018 IA 17475/2018 Exemption allowed subject to all just exceptions. OMP(Misc.) (Comm.) 400/2018 This petition under Section 29A of the Arbitration and Conciliation Act, 1996 (hereinafter referred to as the 'Act') has been filed by the petitioner seeking extension of time for the Arbitral Tribunal to pass the Award.
Col. Rakesh Kharb (Retired), Executive Director appears on an advance notice on behalf of the respondent. He submits that the respondent has no objection if the time for making of the Award is extended by this Court. The respondent vide letter dated 12.12.2018 addressed by the counsel for the respondent to the counsel for the petitioner has also given consent to such extension being granted.
Having perused the contents of the petition and no objection expressed by the respondent, the time for making of the Award is extended till 28.02.2019.
In view of the above, the petition is disposed of with no order as to costs.
Dasti under the signature of the Court Master. NAVIN CHAWLA, J DECEMBER 19, 2018 RN