Allowed¶17
M/S. Sharda Developers through Its Proprietor Mr. Udrrek Vikram Dharnidharka, v. M/S. Agarwal Associates (Promoters) Limited
Delhi HCO.M.P.(MISC.)(COMM.)/268/2025
Case brief
AI extract
What is this about?
Section 29A(4)(5) extension of arbitral mandate; O.M.P.(MISC.)(COMM.) 268/2025; Sharda Developers v. Agarwal Associates (Promoters) Limited; Delhi High Court; Justice Jyoti Singh; consent extension by 12 months from 09.04.2025; regularisation of lapsed period 01.03.2025 to 08.04.2025; DIAC arbitration; Plot Allotment Agreement dated 02.07.2013; Aditya World City NH24 Ghaziabad; prior Section 11(6) appointment in ARB.P. 46/2023 allowed 10.04.2023; 29A(1) 12-month period expired 28.08.2024; six-month consensual extension vide order dated 17.10.2024; cumulative 18 months expired 28.02.2025.
What did the court decide?
Extension of the mandate of the Arbitral Tribunal by 12 months from 09.04.2025, with regularisation of the period between 01.03.2025 and 08.04.2025. ¶17