Suved Developers Pvt. Ltd.through Its Director/Authorized Signatory Mr. Mayank Goel Vs Holystar Industries through Proprietor, Mr. Munish Dhir & Anr.

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IN THE HIGH COURT OF DELHI AT NEW DELHI

- O.M.P. (MISC.) 3/2020 & I.A. 1259/2020

SUVED DEVELOPERS PVT. LTD.THROUGH: ITS DIRECTOR/ AUTHORIZED SIGNATORY MR. MAYANK GOEL ..... Petitioner Through: Mr.Ankit Jain and Mr.Abhay Pratap Singh, Advs.

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versus

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HOLYSTAR INDUSTRIES THROUGH: PROPRIETOR, MR. MUNISH DHIR & ANR. ..... Respondents Through: Ms. Counsel (appearance not given) for Mr.Munish Dhir, Adv.

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CORAM: HON'BLE MR. JUSTICE V. KAMESWAR RAO

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O R D E R % 05.02.2020

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This is a petition under Section 29A of the Arbitration and Conciliation Act, 1996 with the following prayers:

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“In view of the aforesaid facts and circumstances of the case, it is most respectfully prayed that this Hon’ble Court may kindly be pleased to extend time for adjudication of the matter and passing of the Award by the Ld. Arbitrator.

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AND/OR

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Pass such other orders which this Hon’ble Court may deem fit and proper in the facts and circumstances of the case in favour of the Petitioner.”

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Mr.Ankit Jain, learned counsel appearing for the petitioner, conceding the fact that no time has been asked for extension of time in the prayer clause, prays that nine months be granted to the learned Arbitrator to

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complete the proceedings and render the award effective from September 01, 2019. Learned counsel for the respondent has no objection in that regard. Accordingly, the time for the learned Arbitrator to complete the proceedings and render the award is extended by a period of nine months, as prayed for, effective from September 01, 2019.

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The petition is disposed of.

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dasti .

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V. KAMESWAR RAO, J

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FEBRUARY 05, 2020 /bh

Suved Developers Pvt. Ltd.through Its Director/Authorized Signatory Mr. Mayank Goel v. Holystar Industries through Proprietor, Mr. Munish Dhir & Anr.

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Suved Developers Pvt. Ltd.through Its Director/Authorized Signatory Mr. Mayank Goel v. Holystar Industries through Proprietor, Mr. Munish Dhir & Anr.

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