AVG LOGISTICS LIMITED vs MS SHREE SHYAM PALACE

Judgment text excerpt

$~23 * IN THE HIGH COURT OF DELHI AT NEW DELHI % Date of decision: 27.02.2026 + O.M.P.(MISC.)(COMM.) 186/2026 & I.A. 4706/2026 (Ex. From filing certified copy of the document) AVG LOGISTICS LIMITED .....Petitioner Through: Mr. Aditya Jain, Mr. Satyam Shivaach and Mr. Mohit Miglani, Advocates. versus MS SHREE SHYAM PALACE .....Respondent Through: Mr. Sanjay Agarwal, Partner of Respondent-Firm, in person. CORAM: HON'BLE MR. JUSTICE HARISH VAIDYANATHAN SHANKAR JUDGEMENT (Oral) 1. The present Petition has been filed under Section 29A(4) and (5) of the Arbitration and Conciliation Act, 19961, read with Section 7 of the Commercial Courts Act, 2015, seeking a second extension of the mandate of the learned Sole Arbitrator in arbitral proceedings, bearing Case Ref no. DIAC/6898/10-23, for a further period of six months beyond 27.02.2026. 2. The material on record indicates that the parties entered into a Sub-lease Agreement dated 15.09.20182. Subsequently, since disputes arose between the parties, the Petitioner invoked the Arbitration Clause 6 as per the terms of the Agreement, vide Notice dated 17.02.2022. 1 Act 2 Agreement Signature Not Verified Digitally Signed By:HARVINDER KAUR O.M.P.(MISC.)(COMM.) 186/2026 Page 1 of 4 BHATIA Signing Date:28.02.2026 14:29:10 3. Accordingly, vide Order dated 25.09.2023, a learned Sole Arbitrator was appointed, and the arbitral proceedings commenced in October 2023. Subsequently, the pleadings were completed on 08.02.2024. 4. It is noted that the proceedings have not concluded within the stipulated period on account of circumstances stated to be beyond the control of the Petitioner, including repeated requests for adjournments and extensions on behalf of the Respondent, as well as the ill health of the Respondent’s aged witness (approximately