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IN THE HIGH COURT OF DELHI AT NEW DELHI
JASMEET SINGH, J
NCC LIMITED – Appellant
Versus
INDIAN OIL CORPORATION LIMITED – Respondent
| Table of Content |
|---|
| 1. petition filed for extension under arbitration rules. (Para 1 , 2 , 3 , 4 , 5 , 6 , 7 , 8 , 9 , 10 , 11 , 12 , 13) |
| 2. petitioner's arguments supporting extension of mandate. (Para 14 , 15 , 16 , 17) |
| 3. respondent's objections to the extension petition. (Para 19 , 20 , 21 , 22 , 23) |
| 4. court's analysis on conduct and compliance of the arbitrator. (Para 25 , 26 , 28) |
| 5. maintainability of extension application post-expiry of the mandate. (Para 29 , 38) |
| 6. conclusion granting one-year extension to the arbitrator. (Para 40 , 41 , 42 , 43 , 44) |
JUDGMENT
1. This is a petition filed under section 29A(4) read with 29A(5) of the Arbitration and Conciliation Act, 1996 (“the Act”), seeking extension of the mandate of the Sole Arbitrator for a period of one year for concluding the arbitral proceedings and passing the arbitral award.
FACTUAL MATRIX AS PER THE PETITIONER
2. The petitioner, namely NCC Limited, is a company having its registered office at Survey No. 64, Corporate Office, Madhapur, Hyderabad (500081), Telangana.
3. The respondent, namely Indian Oil Corporation Limited, is a Government of India undertaking having its registered office at G-9, Ali Yavar Jung Marg, Bandra (
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