Allowed

Thermal Engineers and Insulators Pvt. Ltd. v. Delhi Tourism and Transportation Development Corporation Ltd.

Delhi HC3 Oct 2024O.M.P.(MISC.)(COMM.)/775/2024

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 deadline for completing arbitral proceedings and making the award. The time limit was extended until March 31, 2025.

What did the court decide?

Time period for completion of arbitral proceedings and making of the arbitral award extended till 31.03.2025.

Thermal Engineers and Insulators Pvt. Ltd. Vs Delhi Tourism and… — Arbitration | Delhi HC (2024)

¶1

$~38

¶2

IN THE HIGH COURT OF DELHI AT NEW DELHI

¶3

- O.M.P.(MISC.)(COMM.) 775/2024 THERMAL ENGINEERS AND INSULATORS PVT LTD

¶4

.....Petitioner Through: Mr. Shubham Jaiswal, Mr. Harkirat Kaur, Mr.Vikrant Singh, Mr. Deepak Singh and Mr. Vijay Awana, Advs., (through v/c)

¶5

versus

¶6

DELHI TOURISM AND TRANSPORTATION DEVELOPMENT CORPORATION LTD .....Respondent Through: Mr. Rana Ranjit Singh, Mr. Vivek Kumar Singh, Mr. Ravish Singh, Ms. Akanksha Singh, Ms. Sweta Singh and Mr. Abhilash Tripathy, Advs.

¶7

CORAM:

¶8

HON'BLE MR. JUSTICE SACHIN DATTA

¶9

O R D E R

¶10

% 03.10.2024

¶11

IA No. 41121/2024 (Exemption)

¶12

Allowed, subject to all just exceptions.

¶13

Application stands disposed of.

¶14

O.M.P.(MISC.)(COMM.) 775/2024

¶15

The present petition under Section 29A (4) of the Arbitration and Conciliation Act, 1996 seeks extension of time for completion of arbitral proceedings and making of the arbitral award.

¶16

A learned Sole Arbitrator was appointed vide order dated 21.09.2022 passed in ARB.P. 1058/2021 to adjudicate the disputes between the parties.

¶17

The completion of pleadings before the learned Sole Arbitrator was

¶18

This is a digitally signed order.

¶19

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 07/10/2024 at 15:55:00

¶20

taken note of in the order dated 01.04.2023 issued by the learned Sole Arbitrator. On the said date, issues were also framed and the matter proceeded for recording of evidence.

¶21

Respective counsel for the parties submit that the evidence stands concluded and presently the matter is at the stage of final arguments.The petitioner is stated to have already concluded its arguments and the respondent’s arguments are in progress.

¶22

Respective counsel for the parties jointly submit that a suitable extension of time be granted to enable the learned Sole Arbitrator to conclude the arbitral proceedings and make the arbitral award.

¶23

Considering the averments made in the petition and submissions of respective counsel for the parties, the time period for completion of arbitral proceedings and making of arbitral award is extended till 31.03.2025.

¶24

The present petition stands allowed of in the aforesaid terms.

¶25

SACHIN DATTA, J

¶26

OCTOBER 3, 2024/ cl

¶27

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 07/10/2024 at 15:55:00

Thermal Engineers and Insulators Pvt. Ltd. v. Delhi Tourism and Transportation Development Corporation Ltd.

Case brief

What is this about?

What did the court decide?

Thermal Engineers and Insulators Pvt. Ltd. v. Delhi Tourism and Transportation Development Corporation Ltd.

Case brief

What is this about?

What did the court decide?

What the court decided

A compact analysis

Issues for consideration

Statutes considered

Parties & counsel

Coram

Case details

Similar cases

Ahluwalia Contracts India Limited Vs Delhi Agricultural Marketing Board

M/S Fiitjee Ltd. Vs Shri Hari Education Trust & Anr.

Punit Aneja & Anr. Vs Vp Spaces Private Limited & Ors.

Religare Finvest Limited Vs M/S Marubhumi Dealers Pvt. Ltd.

M/S Dreamdoor Ventures Vs M/S Lenskart Solutions Private Limited

Iccg India Pvt. Ltd. Vs Plant Lipids Pvt. Ltd.

Sms Limited Vs Oil and Natural Gas Corporation Limited

The South Indian Bank Ltd. Vs Transstroy Trichy Karaikudi Tollways Pvt. Ltd. & Anr.

Shamlaji Expressway Private Limited Vs National Highways Authority of India

Aravali Power Company Pvt.Ltd Vs Subash Infraengineers Pvt.Ltd.

Moneywise Financial Services Pvt. Ltd. Vs Ess Kay Enterprises through Its Prop Harshit Gupta and Ors.

Rudra Buildwell Pvt. Ltd. Vs Realworth India Pvt. Ltd.

M/S Energy Efficiency Services Limited (Eesl) Vs Public Works Department Government of Maharashtra

Priti Saraf Vs Meera Goyal