Technocrats Advisory Services Private Limited v. National Highways Authority of India

Delhi High Court · 23 Aug 2024 · 2024:DHC:6424
C. Hari Shankar
O.M.P.(MISC.)(COMM.) 636/2024
2024:DHC:6424
arbitration petition_allowed

AI Summary

The Delhi High Court granted a six-month extension of the arbitral tribunal's mandate under Section 29A(4) of the Arbitration and Conciliation Act, 1996, as agreed by both parties.

Full Text
Translation output
O.M.P.(MISC.)(COMM.) 636/2024
HIGH COURT OF DELHI
O.M.P.(MISC.)(COMM.) 636/2024 & I.A. 37157/2024
TECHNOCRATS ADVISORY SERVICES PRIVATE LIMITED .....Petitioner
Through: Ms. Mani Gupta & Mr. Aman Chaudhary, Advs.
VERSUS
NATIONAL HIGHWAYS AUTHORITY OF INDIA .....Respondent
Through: Mr. Alok Kumar Jain, Adv.
CORAM:
HON'BLE MR. JUSTICE C. HARI SHANKAR O R D E R (ORAL)
23.08.2024
JUDGMENT

1. This is a petition under Section 29A(4) of the Arbitration and Conciliation Act, 1996 (“the 1996 Act”) for extension of the mandate of the arbitral tribunal in seisin of the dispute between the parties.

2. It is stated that the mandate of the arbitral tribunal is due to expire today.

3. Learned Counsel for the respondent has no objection to extension of the mandate of the arbitral tribunal as sought.

4. Accordingly, the mandate of the arbitral tribunal in seisin of the dispute between the parties shall stand extended by six months w.e.f. today as sought in this petition.

5. The petition stands disposed of.

6. Pending miscellaneous application, if any, also stands disposed of.