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2025 DAILYLAW 19155 (MAD)

Vasavi Power Services Pvt Ltd v. Bharat Heavy Electricals Limited

A/414/2025 · 2025-01-30

P B Balaji

Transfer Petitionbody2025

Judgment text

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A NO. 414 of 2025 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 30-01-2025 CORAM THE HONOURABLE MR JUSTICE P.B. BALAJI A NO. 414 of 2025 Vasavi Power Services Pvt Ltd having their registered office at Door No.4-13, Ibrahim Patnam Vijayawada Krishna District, Andrhra Pradesh 521 456 Represented by its Head, Project Management Mr.MR.Praveen Door No 4 to 13 Ibrahim Patnam Vijayawada Krishna District Andhra Pradesh 521456 Applicant(s) Vs Bharat Heavy Electricals Limited reg.office BHEL House Siri Fort, New Delhi 110 049 Local office Power sector, Southern Region, 690, 6th Floor EVR Peiyar Building, Anna Salai, Nandanam, Chennai 35 Respondent(s) For Applicant(s): Ms.Deepika Murali For Respondent(s):Msr.V.V.Sivakumar ORDER This Application has been filed to extend the mandate of the Arbitral Trbunal for a further period of six (6) months from the date of passing the order in this Application in term of Section 29A(4) to enable the Arbitral Tribunal to complete the Arbitral Proceedings. 2. Heard Ms.Deepika Murali, learned counsel for the Applicant. Mr.V.V.Sivakumar, learned counsel for the respondent has fairly conceded that he has no objection for allowing this Application. 3.I have gone through the affidavit filed in support of the above Application and I am satisfied that there is no unreasonable delay either on the part of the Applicant or the respondent or even on the part of the Arbitral Tribunal for concluding the arbitration proceedings in time. Therefore, this Application is ordered as prayed for. https://www.mhc.tn.gov.in/judis 30-01-2025 rkp https://www.mhc.tn.gov.in/judis