IN THE HIGH COURT OF DELHI
C. Hari Shankar, J.
Kuantum Papers Ltd. - Appellant
Versus
Afii Corporate Advisors Ltd. - Respondent
O.M.P.(MISC.) 15 of 2020 & I.A. 4855 of 2020
Decided On : 26-06-2020
| Table of Content |
|---|
| 1. request for extension under arbitration act. (Para 1) |
| 2. need for extension based on interests of justice. (Para 2) |
| 3. extension of time granted to sole arbitrator. (Para 3 , 4) |
O.M.P.(MISC.) 15/2020 & I.A. 4855/2020
1. This is a petition under Section 29A(4) of the Arbitration & Conciliation Act, 1996, seeking extension of time, for the learned Sole Arbitrator to conclude the proceedings and pass its award.
2. Due to the constraints being facing during these days, learned Counsel are ad idem that the interests of justice warrant extension of time available to the learned Sole Arbitrator, to pass the award, by a period of one year from today.
3. Accordingly, the time for conclusion of proceedings and passing of award, by the learned Sole Arbitrator, is extended by a period of one year from today.
4. The petition is disposed of in the above term.
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