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O.M.P.(MISC.)(COMM.) 164/2020
HIGH COURT OF DELHI
O.M.P.(MISC.)(COMM.) 164/2020
INDIAN OIL CORPORATION LIMITED ..... Petitioner
Through: Ms. Ritu Bhalla, Mr. Manu Krishnan and Ms. Medha Sachdev, Advs. with Ms. Kiran Dhingra, AR of petitioner
HIGH COURT OF DELHI
O.M.P.(MISC.)(COMM.) 164/2020
INDIAN OIL CORPORATION LIMITED ..... Petitioner
Through: Ms. Ritu Bhalla, Mr. Manu Krishnan and Ms. Medha Sachdev, Advs. with Ms. Kiran Dhingra, AR of petitioner
VERSUS
NAYARA ENERGY LIMITED(FORMERLY KNOWN AS ESSAR OIL LIMITED) ..... Respondent
Through: Ms. Anuradha Mukherjee and Ms. Suchita Choudhry, Advs.
Through: Ms. Anuradha Mukherjee and Ms. Suchita Choudhry, Advs.
CORAM:
HON'BLE MR. JUSTICE C. HARI SHANKAR O R D E R (ORAL)
31.07.2020
31.07.2020
JUDGMENT
1. This is a petition, preferred under sub-sections (4) and (5) of Section 29A of the the Arbitration and Conciliation Act, 1996, for extension of the time, available with the learned Arbitral Tribunal, for concluding the proceedings and making an award, by a period of fourteen months, w.e.f. 1st August, 2020.
2. In view of the joint request made, the time available with the learned Arbitral Tribunal, to conclude the proceedings and make the award, stands extended till 31st October, 2021.
3. The petition stands disposed of. 2020:DHC:2445 O.M.P.(MISC.)(COMM.) 164/2020
4. As the petition stands disposed of, none of the objections raised, by the Registry, to the petition, survive for consideration.
C. HARI SHANKAR, J.