SNG DEVELOPERS LIMITED v. SNG VARDHMAN TECHNO BUILD PVT LTD

Delhi High Court · 20 Nov 2020 · 2020:DHC:3305
C. Hari Shankar
O.M.P.(MISC.)(COMM.) 244/2020
2020:DHC:3305
civil petition_allowed

AI Summary

The Delhi High Court granted a one-year extension to the Sole Arbitrator to conclude arbitral proceedings and render the award under Section 29-A of the Arbitration and Conciliation Act, 1996.

Full Text
Translation output
OMP (MISC.) (COMM.) 244/2020
HIGH COURT OF DELHI
O.M.P.(MISC.)(COMM.) 244/2020
SNG DEVELOPERS LIMITED ..... Petitioner
Through Mr.Prateek Gupta, Adv.
VERSUS
SNG VARDHMAN TECHNO BUILD PVT LTD..... Respondent
Through Mr.Prashant Katara, Adv.
CORAM:
HON'BLE MR. JUSTICE C. HARI SHANKAR 20.11.2020
O R D E R (O R A L)
(Video-Conferencing)
JUDGMENT

1. This is a petition filed under sub-sections 4 and 5 of Section 29- A of the Arbitration and Conciliation Act, 1996, for extension of the time available with the Sole Arbitrator, to conclude the arbitral proceedings and render the award, by a period of one year commencing from 10th October, 2020.

2. Learned counsel for the respondent has no objection.

3. Accordingly, the petition is allowed. The time available with the learned Sole Arbitrator, to conclude the proceedings and render 2020:DHC:3305 OMP (MISC.) (COMM.) 244/2020 the award, stands extended by a period of one year commencing from 10th October, 2020.

C.HARI SHANKAR, J NOVEMBER 20, 2020