NCC LIMITED vs INDIAN OIL CORPORATION LIMITED

$~J * IN THE HIGH COURT OF DELHI AT NEW DELHI Judgment reserved on: 10.10.2025 Judgment pronounced on: 14.01.2026 + O.M.P. (MISC.) (COMM.) 592/2025 NCC LIMITED ...Petitioner Through: Dr. Amit George, Mr. Adhishwar Suri, Mr. Dusyant Kishan Kaul, Ms. Ibansara Syiemlieh, Ms. Rupam Jha, Advocates. versus INDIAN OIL CORPORATION LIMITED ...Respondent Through: Mr. VN Koura, Ms.Paramjeet Benipal, Advocates. CORAM: HON'BLE MR. JUSTICE JASMEET SINGH 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 (East), Mumbai (400050), Maharashtra. 4. The respondent floated a tender for “Civil, Structural & Associated UG pi