JUDGMENT

O.M.P.(MISC.)(COMM.) 466/2023

O.M.P.(MISC.)(COMM.) 467/2023

1. The present petitions under Section 29A(4) of the Arbitration and Conciliation Act, 1996 (the `A&C Act') have been filed seeking extension of time for completion of arbitral proceedings and making of the arbitral award.

2. O.M.P.(MISC.)(COMM.) 467/2023 has been filed in the backdrop of the arbitral proceedings before a learned Sole Arbitrator appointed by this Court vide order dated 19.05.2021 in Arb.P. No. 527/2021 (first reference).

3. In respect of the same Contract between the parties, another order dated 27.05.2022 came to be passed by this Court in Arb.P. No. 660/2022 for the purpose of adjudication of the additional disputes that arose between the parties (second reference). The arbitral proceedings conducted pursuant to the said order dated 27.05.2022 are the subject matter of O.M.P.(MISC.)(COMM.) 466/2023.

4. Admittedly, the aforesaid arbitral proceedings are at an advanced stage. It is undisputed that the learned sole Arbitrator has acted with expedition and despatch in the conduct of arbitration proceedings. Reference may also be apposite to the order dated 18.09.2023 passed by the learned Sole Arbitrator