Allowed

Ranchi Expressways Ltd. v. National Highways Authority of India

Delhi HC4 Sept 2024O.M.P.(MISC.)(COMM.)/677/2024

Case brief

AI extract

What is this about?

The Delhi High Court allowed a petition under Section 29A(4) of the Arbitration and Conciliation Act, 1996, extending the Arbitral Tribunal's mandate by 12 months due to Insolvency Proceedings, while directing the petitioner to file legible copies of exempted documents.

What did the court decide?

Mandate of the Arbitral Tribunal extended by 12 months; period from 01.09.2024 till today regularized.

Ranchi Expressways Ltd. Vs National Highways Authority of India — Arbitration | Delhi HC (2024)

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$~43

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IN THE HIGH COURT OF DELHI AT NEW DELHI

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- O.M.P.(MISC.)(COMM.) 677/2024

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RANCHI EXPRESSWAYS LTD. .....Petitioner Through: Mr Navin Kumar, Ms Surbhi Agarwal, Ms Rashmeet Kaur, Ms Bhagya Ajith and Mr Udit Kumar Chaturvedi, Aḍvs.

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versus

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NATIONAL HIGHWAYS AUTHORITY OF INDIA

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.....Respondent Through: Mr Jitendra Kumar Singh, Ms Harshita Singh, Ms Anjali Kumari and Ms Shivpriya, Advs.

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CORAM:

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HON'BLE MR. JUSTICE JASMEET SINGH

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I.A. 38338/2024

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Exemption is granted subject to all just exceptions.

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The petitioner shall file legible and clearer copies of exempted documents, compliant with practice rules before the next date of hearing.

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The application is disposed of.

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O.M.P.(MISC.)(COMM.) 677/2024

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This is a petition filed under Section 29A(4) of the Arbitration and Conciliation Act, 1996 seeking extension of mandate of the Arbitral Tribunal by a period of 12 months for concluding the arbitral proceedings and passing the final award.

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This is a digitally signed order.

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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 12/09/2024 at 12:19:40

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Mr Kumar, learned counsel for the petitioner states that because of Insolvency Proceedings against the petitioner, there was some delay in concluding the arbitral proceedings.

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Issue notice.

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Mr Singh, learned counsel accepts notice on behalf of the respondent and states that he has no objection to the petition being allowed.

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For the reasons noted above, I am of the view that sufficient cause has been explained for the delay. The petition is allowed and the mandate of the Arbitral Tribunal is extended by a period of 12 months from today.

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The period from 01.09.2024 till today stands regularized.

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The petition is disposed of accordingly.

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JASMEET SINGH, J

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SEPTEMBER 4, 2024 sr

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Click here to check corrigendum, if any

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This is a digitally signed order.

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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 12/09/2024 at 12:19:40

Ranchi Expressways Ltd. v. National Highways Authority of India

Case brief

What is this about?

What did the court decide?

Ranchi Expressways Ltd. v. National Highways Authority of India

Case brief

What is this about?

What did the court decide?

What the court decided

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