Jindal ITF Limited v. NTPC Limited & Anr.

Delhi High Court · 28 Nov 2018 · 2018:DHC:7532

Rajiv Shakdher

O.M.P.(MISC.)(COMM.) 363/2018

2018:DHC:7532

civil other

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The Delhi High Court granted an extension of time until 31.01.2019 for the Arbitral Tribunal to pronounce and publish the arbitral award, considering the parties' investments and non-opposition by respondents.

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HIGH COURT OF DELHI
Date of Decision: 28.11.2018

O.M.P.(MISC.)(COMM.) 363/2018
JINDAL ITF LIMITED ..... Petitioner
Through: Mr. Manoj K. Singh with Mr. Nilava Bandhyopdhay, Advs

VERSUS

NTPC LIMITED & ANR. ..... Respondents
Through: Ms. Nikita Choukse, Adv

CORAM:

HON'BLE MR. JUSTICE RAJIV SHAKDHER RAJIV SHAKDHER, J. (ORAL)
I.A. No. 16177/2018 (Exemption)

JUDGMENT

1. Allowed, subject to just exceptions. O.M.P.(MISC.)(COMM.) 363/2018

2. Issue notice.

3. Ms. Nikita Choukse accepts notice on behalf of the respondents.

4. Learned counsel says that she does not wish to file a reply as she does not oppose the prayer made in the petition.

5. I am informed by counsel for the parties that the matter has been reserved for pronouncement of award.

6. Counsel for the parties say that the Arbitral Tribunal has requested that the time be extended till 31.01.2019. 2018:DHC:7532

7. Having regard to the record placed before me and the time and money invested by the parties, I am inclined to allow the prayer. Therefore, time for pronouncing and publishing the award is extended till 31.01.2019.

8. The petition is disposed of in the aforesaid terms.

RAJIV SHAKDHER, J NOVEMBER 28, 2018 c

Jindal ITF Limited v. NTPC Limited & Anr.

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JUDGMENT

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