20 MASYC Projects Private Limited v. Tata Steel BSE Limited

Delhi High Court · 16 Jan 2020 · 2020:DHC:3884
J. R. Midha
O.M.P.(MISC.)(COMM.)518/2019
2020:DHC:3884
civil appeal_allowed

AI Summary

The Delhi High Court granted a six-month extension for concluding arbitration proceedings between 20 Masyc Projects Private Limited and Tata Steel BSE Limited, as the matter was at the stage of final arguments and the respondent did not object.

Full Text
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HIGH COURT OF DELHI
O.M.P.(MISC.)(COMM.)518/2019
JUDGMENT

20 MASYC PROJECTS PRIVATE LIMITED Petitioner Through: Mr.Tarun Sharma, Advocate with Ms.Akanksha Kapoor and Mr.Pradeep Singh,Advocates versus TATA STEEL BSE LIMIITED (ERSTWHILEiBHUSHAN STEEL LIMITED) Respondent Through: Mr.Varad Choudhary and Mr.Manik Ahluwalia,Advocates + /O.M.P.(MISC.)(COMM.)519/2019 21 MASYC PROJECTS PRIVATE LIMITED Petitioner Through: Mr.Tarun Sharma, Advocate with Ms.Akanksha Kapoor and Mr.Pradeep Singh,Advocates versus TATA STEEL BSL LIMITED(ERSTWfflLE BHUSHAN STEEL LIMITED) Respondent Through: Mr.Varad Choudhary and Mi-.Manik Ahluwalia,Advocates CORAM: HON'BLE MR.JUSTICE J.R. MIDHA ORDER % 16.01.2020

1. The petitioner is seeking extension of time for conclusion of arbitration proceedings to which counsel for the respondent has no objection.

2. The arbitration proceedings are atthe stage offinal arguments. 2020:DHC:3884

3. Both the petitions are allowed and time period for conclusion of arbitration proceedings is extended by further six months with effect from 30"^ December,2019.

4. Copy of this order be given dasti to counsel for the parties under signatures ofCourt Master. ^.R.MIDHA,J. JANUARY 16,2020 ds