Disposed¶17

Dee Vee Projects Ltd. v. Hindustan Urvarak and Rasayan Ltd.

Delhi HC21 Jul 2025O.M.P.(MISC.)(COMM.)/549/2025

Case brief

AI extract

What is this about?

Delhi HC order, 21.07.2025, O.M.P.(MISC.)(COMM.) 549/2025, Subramonium Prasad J: Dee Vee Projects Ltd v. Hindustan Urvarak and Rasayan Ltd; Section 29A(4) &(5) Arbitration & Conciliation Act 1996; extension of mandate of Sole Arbitrator Justice (Retd.) Krishna Murari (appointed 04.08.2023, ARB.P.614/2023); prior mutual extension till 24.07.2024; proceedings at final hearing; Respondent no objection; mandate extended till 31.12.2025; petition disposed of with pending applications. No precedents cited; no quantum involved.

What did the court decide?

Extension of the mandate of the Arbitral Tribunal till 31.12.2025; petition disposed of along with pending applications, if any. ¶17

Dee Vee Projects Ltd. Vs Hindustan Urvarak and Rasayan Ltd. — Arbitration | Delhi HC (2025)

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$~99

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IN THE HIGH COURT OF DELHI AT NEW DELHI

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- O.M.P.(MISC.)(COMM.) 549/2025

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DEE VEE PROJECTS LTD .....Petitioner

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Through: Ms. Charu Sangwan, Mr. Shubham Dayma, Advs.

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versus

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HINDUSTAN URVARAK AND RASAYAN LTD .....Respondent Through: Mr. Adarsh Tripathi, Mr. Vikram S Baid and Mr. Ajitesh Garg, Advs.

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CORAM: HON'BLE MR. JUSTICE SUBRAMONIUM PRASAD

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O R D E R

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% 21.07.2025

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This petition under Section 29A (4) & (5) of the Arbitration & Conciliation Act, 1996 has been filed seeking extension of mandate of the Arbitral Tribunal for making the arbitral award.

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Material on record discloses that this Court vide Order dated 04.08.2023 in ARB.P.614/2023, appointed Mr. Justice (Retd.) Krishna Murari, Former Judge Supreme Court of India, as the Sole Arbitrator to adjudicate on the disputes between the parties. The mandate of the Arbitral Tribunal was extended for a period of six months, i.e. till 24.07.2024, by way of mutual consent. It is stated that the proceedings are at the stage of final hearing. The Petitioner has, therefore, approached this Court seeking extension of the mandate of the Arbitrator.

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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 25/07/2025 at 12:09:23

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Learned Counsel appearing for the Respondent on advance notice states that the Respondent does not have any objection to the present Petition.

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In view of the fact that the matter is at an advance stage, this Court is inclined to extend the mandate of the Arbitral Tribunal 31.12.2025 so that the Award can be pronounced.

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The Petition is disposed of along with the pending applications, if

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any.

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SUBRAMONIUM PRASAD, J

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JULY 21, 2025 Rahul

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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 25/07/2025 at 12:09:23

Dee Vee Projects Ltd. v. Hindustan Urvarak and Rasayan Ltd.

Case brief

What is this about?

What did the court decide?

Dee Vee Projects Ltd. v. Hindustan Urvarak and Rasayan Ltd.

Case brief

What is this about?

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Why is it important?

What the court decided

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