This order considers an application by the petitioner seeking a six-month extension of time to conclude arbitral proceedings. The court allowed the application, finding sufficient cause for the delay, and extended the time for passing the award.
Time for passing the arbitral award extended for six months with effect from 03.07.2024.
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$~22
OMEGA FINVEST LLP .....Petitioner Through: Mr Anmol Chawla, Adv.
versus
DIRECT NEWS PRIVATE LIMITED .....Respondent Through: Ms Shweta Pandey, Adv. (through VC)
CORAM:
HON'BLE MR. JUSTICE JASMEET SINGH
O R D E R
% 04.07.2024
I.A. 32217/2024
O.M.P.(MISC.)(COMM.) 487/2024
This is a digitally signed order. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 03/07/2025 at 04:20:45
already filed its No Objection on 27.06.2024.
JASMEET SINGH, J
JULY 4, 2024 sr
Click here to check corrigendum, if any
This is a digitally signed order. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 03/07/2025 at 04:20:45
2 issues framed by the court
Whether to grant a six-month extension of time for concluding the arbitral proceedings.
Whether sufficient cause has been shown for the delay exceeding the initial time limit.
Omega Finvest LLP
Direct News Private Limited
Jasmeet Singh
As recorded by the court registry
A miscellaneous application in an arbitration matter, commonly seeking extension of the arbitral tribunal's mandate under Section 29A.
Judgements on the same questions, provisions and authorities, from every court
