Select Infrastructure Pvt Ltd v. Advent Hospitality Pvt Ltd

Delhi High Court · 16 Aug 2024 · 2024:DHC:6356
C. Hari Shankar
OMP(MISC)(COMM) 631/2024
2024:DHC:6356
arbitration petition_allowed

AI Summary

The Delhi High Court granted a one-year extension of the Arbitral Tribunal's mandate under Section 29A(4) of the Arbitration and Conciliation Act, 1996 upon parties' consent.

Full Text
Translation output
OMP(MISC)(COMM) 631/2024
HIGH COURT OF DELHI
O.M.P.(MISC.)(COMM.) 631/2024 and IA 37015/2024
SELECT INFRASTRUCTURE PVT LTD .....Petitioner
Through: Mr. Ajay Verma, Sr. Advocate
WITH
Mr. Ishaan Verma, Ms. Diviani K.
Verma and Mr. Armaan Verma, Advocate
VERSUS
ADVENT HOSPITALITY PVT LTD ....Respondent
Through: Ms. Tanmaya Mehta, Mr. Anunaya Mehta, Ms. Satya Jha and Mr. Akash Deep Singh, Advocates
CORAM:
HON'BLE MR. JUSTICE C. HARI SHANKAR O R D E R (ORAL)
22.08.2024
JUDGMENT

1. This is a petition under Section 29A(4) of the Arbitration and Conciliation Act 1996[1] for extension of the mandate of the Arbitral Tribunal, which was in seisin of the dispute between the parties.

2. The mandate of the learned Arbitral Tribunal is stated to have expired on 16 August 2024.

3. The extension of the mandate of the learned Arbitral Tribunal by one year is sought. “the 1996 Act” hereinafter OMP(MISC)(COMM) 631/2024

4. Learned Counsel for the respondent has no objection.

5. Accordingly, the mandate of the learned Arbitral Tribunal stands extended by one year with effect from 16 August 2024.

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

7. Let a copy of this order be given dasti under the signatures of the Court Master to learned Counsel for the parties.

C. HARI SHANKAR, J.