GMR POWER AND URBAN INFRA LIMITED vs GAJLAXMI URBAN INFRATECH PVT LTD

Judgment text excerpt

$~SB-21 * IN THE HIGH COURT OF DELHI AT NEW DELHI % Date of Decision: 09.06.2025 + O.M.P.(MISC.)(COMM.) 468/2025 GMR POWER AND URBAN INFRA LIMITED .....Petitioner Through: Mr. Anil Kumar Kathuria and Ms. Sneha Ojha, Advocates. versus GAJLAXMI URBAN INFRATECH PVT LTD .....Respondent Through: Mr. Ayush Sharma, Advocate. CORAM: HON'BLE MR. JUSTICE TEJAS KARIA TEJAS KARIA, J. (Oral) 1. This Application is filed on behalf of the Petitioner under Section 29A(5) of Arbitration and Conciliation Act, 1996 (‘Act’) seeking extension of mandate of learned Arbitral Tribunal by a period of 12 (twelve) months. 2. The learned Arbitral Tribunal was appointed by this Court vide order dated 08.04.2022 in ARB. P. No. 404/2022. The learned Arbitral Tribunal accepted the appointment on 28.04.2022 and the first hearing was scheduled on 05.05.2022. 3. The Statement of Claim was filed on 30.06.2022 and the Statement of Defence and Counter was filed on 14.09.2022. Rejoinder Signature Not Verified O.M.P.(MISC.)(COMM.) 468/2025 Page 1 of 3 Signed By:NEELAM SHARMA Signing Date:11.06.2025 11:02:02 to the Statement of Defence and reply to counterclaim was filed on 07.11.2022. Rejoinder to the reply to the counterclaim was filed on 30.12.2022. 4. Thereafter, admission / denial of the documents, filing of Affidavits of Evidence, cross-examination of witnesses was carried out between 04.01.2023 and 26.08.2023. Subsequently, the parties amended the pleadings between 25.09.2023 and 14.03.2024. The cross- examination of the witnesses after the amendment of pleadings was undertaken between 16.05.2024 and 20.09.2024. 5. The final arguments commenced on 09.11.2024 and continued on several hearings. 6. The mandate of the learned Arbitral Tribunal under the Act expired on 23.05.2025. Accordingly, the Petitioner