GAIL (INDIA) LIMITED v. M/S PIONEER POWER LIMITED & ANR.

Delhi High Court · 21 Mar 2024 · 2024:DHC:5159
C. Hari Shankar
OMP(MISC.)(COMM) 513/2024
2024:DHC:5159
civil petition_allowed

AI Summary

The Delhi High Court granted a four-month extension of the arbitrator's mandate under Section 29A(4) of the Arbitration and Conciliation Act, 1996, with no objection from the respondents.

Full Text
Translation output
OMP(MISC.)(COMM) 513/2024
HIGH COURT OF DELHI
O.M.P.(MISC.)(COMM.) 513/2024 and I.A. 32893/2024
GAIL (INDIA) LIMITED .....Petitioner
Through: Ms. Neetika Bajaj, Advocate
VERSUS
M/S PIONEER POWER LIMITED & ANR. .....Respondent
Through: Mr. Puneet Jain and Ms. Umang Mehta, Advs.
CORAM:
HON'BLE MR. JUSTICE C. HARI SHANKAR O R D E R (ORAL)
11.07.2024
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 Arbitrator presently in seisin of the dispute between the parties.

2. The mandate of the learned Arbitrator is stated to have expired on 21 March 2024.

3. Learned Counsel for the respondents has no objection.

4. Accordingly, the mandate of the learned arbitrator stands extended by four months from today. OMP(MISC.)(COMM) 513/2024

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

C. HARI SHANKAR, J.