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2023 Supreme(Del) 4877

SACHIN DATTA
Anay Kumar Gupta – Appellant
Versus
Jagmeet Singh Bhatia – Respondent


Advocates appeared:
Mr. Shailen Bhatia, Mr. Amit Jain, Mr. Arnav Chatterjee and Mr. Raghav Bhalla, Advocates, for the Petitioner.
Mr. Manish Kaushik, Mr. Ajit Singh Johar, Mr. Plarsh Vashishth, Ms. Snigdha Sharma and Mr. Mishal Johri, Advocates, for the Respondent.

JUDGMENT

Sachin Datta, J.

IA No. 9213/2023 (Exemption)

Allowed, subject to all just exceptions.

Application stands disposed of.

O.M.P.(MISC.)(COMM.) 147/2023

1. The present petition under Section 29A (4) and (5) of the Arbitration and Conciliation Act, 1996 [hereinafter referred as "the Act"] seeks extension of time for completion of arbitral proceedings and for making the arbitral award.

2. The arbitration proceedings commenced pursuant to the order dated 20.09.2021 passed on an application under Section 8 of the Act filed in CS (COMM) 409/2021. The said order, inter alia, states as under:

    "IA No. 12200/2021 and 12230/2021

    1. Issue notice.

    2. Learned counsel for the plaintiff accepts notice.

    3. IA No. 12200/2021 is filed by the defendant seeking an order referring the dispute between the parties to arbitration in view of Section 8 of the Arbitration and Conciliation Act, 1996 and in view of the arbitration clause in the Agreements dated 20.12.2018 and 08.01.2019. An order is also sought to vacate the interim order passed by this court on 03.09.2021. IA No. 12230/2021 also seeks somewhat similar reliefs.

    4. Learned counsel for the plaintiff and learned counsel for the defendant submit that

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