Full Text
Translation output
O.M.P. (MISC.) (COMM.) 540/2024
HIGH COURT OF DELHI
O.M.P.(MISC.)(COMM.) 540/2024
PARAMOUNT REALTEC PVT. LTD .....Petitioner
Through: Mr. Arun Vohra, Mr. Dilip Kumar and Ms. Meenu Yadav, Advocates
HIGH COURT OF DELHI
O.M.P.(MISC.)(COMM.) 540/2024
PARAMOUNT REALTEC PVT. LTD .....Petitioner
Through: Mr. Arun Vohra, Mr. Dilip Kumar and Ms. Meenu Yadav, Advocates
VERSUS
KELTECH INFRASTRUCTURE LTD .....Respondent
Through: Mr. Vikas Goyal, Adv.
Through: Mr. Vikas Goyal, Adv.
CORAM:
HON'BLE MR. JUSTICE C.HARI SHANKAR
ORDER (ORAL)
05.08.2024
ORDER (ORAL)
05.08.2024
JUDGMENT
1. This is a petition under Section 29A(5) of the Arbitration and Conciliation Act, 1996, for extension of the mandate of the Arbitral Tribunal which was in seisin of the disputes between the parties. The mandate of the Arbitral Tribunal is stated to have expired on 16 July
2024.
2. The matter is stated to have been reserved for passing of the award.
3. Accordingly, as sought, the mandate of the Arbitral Tribunal stands extended by six months with effect from 16 July 2024.
4. The petition stands allowed accordingly.