M/S VIVA INFRAVENTURE PVT. LTD. vs NEW OKHLA INDUSTRIAL DEVELOPMENT AUTHORITY

$~J * IN THE HIGH COURT OF DELHI AT NEW DELHI Judgment reserved on: 07.03.2025 Judgment pronounced on:01.07.2025 O.M.P.(MISC.)(COMM.) 606/2024 M/S VIVA INFRAVENTURE PVT. LTD. .....Petitioner Through: Mr. Suhail Dutt, Sr. Adv. with Mr. Vikas Tiwari, Mr. Kumar Deepraj, Ms. Arushi Rathore, Advs. versus NEW OKHLA INDUSTRIAL DEVELOPMENT AUTHORITY .....Respondent Through: Mr. Suvigya Awasthy, Mr. Vivek Joshi, Mr. Rohan Gulati, Advs. CORAM: HON’BLE MR. JUSTICE JASMEET SINGH JUDGMENT : JASMEET SINGH, J 1. This is a petition filed under section 29A (5) of the Arbitration and Conciliation Act, 1996 (hereinafter referred to as ―1996 Act‖) seeking extension of the mandate of the learned Sole Arbitrator for a period of 6 months for concluding the arbitral proceedings and passing the Arbitral Award. 2. It is stated that the mandate of the learned Sole Arbitrator had expired on 22.09.2024. O.M.P.(MISC.)(COMM.) 606/2024 3. The petitioner is a Private Limited Company, incorporated under the Indian Companies Act, 1956, engaged in the business of construction and maintenance of roads, highways and buildings etc., having its registered office at C - 3/142, Sector - H, LDA Colony, Kanpur Road, Lucknow