M/S Heritage Conservators v. Espire Resorts Private Limited

Delhi High Court · 07 Aug 2024 · 2024:DHC:5933
C. Hari Shankar
O.M.P.(MISC.)(COMM.) 586/2024
2024:DHC:5933
civil petition_allowed

AI Summary

The Delhi High Court allowed the petition to extend the mandate of the arbitral tribunal by six months under Section 29A(4) of the Arbitration and Conciliation Act, 1996, with no objection from the respondent.

Full Text
Translation output
O.M.P.(MISC.)(COMM.) 586/2024
HIGH COURT OF DELHI
O.M.P.(MISC.)(COMM.) 586/2024
M/S HERITAGE CONSERVATORS THROUGH ITS PROPRIETOR MR GURPREET SINGH .....Petitioner
Through: Mr. Sanjay Bansal, Adv.
VERSUS
ESPIRE RESORTS PRIVATE LIMITED FORMERLY KNOWN AS COSMOS BUILDWELL PRIVATE LIMITED .....Respondent
Through: Mr. Brijesh Chaudary and Mr. Prins Kumar, Advs.
CORAM:
HON'BLE MR. JUSTICE C. HARI SHANKAR O R D E R (ORAL)
07.08.2024
JUDGMENT

1. This is a petition under Section 29A(4) of the Arbitration and Conciliation Act, 1996 (“the 1996 Act”) seeking extension of the mandate of learned Arbitral Tribunal which is stated to have expired in August 2024.

2. Learned Counsel for the respondent has no objection.

3. Accordingly, the mandate of the learned Arbitral Tribunal shall stand extended by a period of six months from today. The mandate shall be deemed to have been continuing from August 2023.

4. The petition stands allowed in the aforesaid terms.

C. HARI SHANKAR, J