TATA PROJECTS LIMITED v. OIL AND NATURAL GAS CORPORATION LIMITED

Delhi High Court · 31 Aug 2024 · 2024:DHC:6729
C. Hari Shankar
O.M.P.(MISC.)(COMM.) 659/2024
2024:DHC:6729
civil appeal_allowed

AI Summary

The Delhi High Court extended the arbitrator's mandate by three months under Section 29A(4) of the Arbitration and Conciliation Act, 1996 to enable the passing of the reserved award.

Full Text
Translation output
OMP(MISC.)(COMM.) 659/2024
HIGH COURT OF DELHI
O.M.P.(MISC.)(COMM.) 659/2024, I.A. 38079/2024
TATA PROJECTS LIMITED .....Petitioner
Through: Ms. Sushma Nagraj, Ms. Renu Gupta, Ms. Vibhuti Keny, Ms. Pratiksha Jalan, and Ms. Carina Arora, Advs.
VERSUS
OIL AND NATURAL GAS CORPORATION LIMITED .....Respondent
Through: Mr. Sandeep Kumar Mahapatra and Mr. Tribhuvan, Advs.
CORAM:
HON'BLE MR. JUSTICE C. HARI SHANKAR O R D E R (ORAL)
02.09.2024
I.A. 38079/2024 (for exemption)
JUDGMENT

1. Exemption allowed subject to all just exceptions.

2. Application stands disposed of. O.M.P.(MISC.)(COMM.) 659/2024

3. This is a petition under Section 29A(4) of the Arbitration and Conciliation Act, 1996[1] for extension of the mandate of the arbitrator in seisin of the dispute between the parties which, the Court has been informed, has reserved the award in the matter. “the 1996 Act”, hereinafter OMP(MISC.)(COMM.) 659/2024

4. It is stated that the mandate of the learned arbitrator have expired on 31 August 2024.

5. The learned Counsel for the respondent has no objection.

6. Accordingly, the mandate of the learned arbitrator stands extended by three months from 31 August 2024.

7. The petition stands disposed of in the aforesaid terms.