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2025 DAILYLAW 28160 (DEL)

TATA CAPITAL LIMITED TRANSFEREE OF TATA CAPITAL FINANCIAL SERVICES LTD v. MS JV STEEL TUBES AND ORS.

O.M.P.(MISC.)(COMM.)/687/2025 · 2025-09-10

Jasmeet Singh

body2025

Judgment text

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$~76 * IN THE HIGH COURT OF DELHI AT NEW DELHI + O.M.P.(MISC.)(COMM.) 687/2025 TATA CAPITAL LIMITED TRANSFEREE OF TATA CAPITAL FINANCIAL SERVICES LTD .....Petitioner Through: Ms. Ekta Bhasin, Mr. Sanidhya Sonthalia, Advs, versus MS JV STEEL TUBES AND ORS. .....Respondents Through: None CORAM: HON'BLE MR. JUSTICE JASMEET SINGH O R D E R % 10.09.2025 1. This is a petition filed under Section 29A(4)&(5) of the Arbitration and Conciliation Act, 1996 seeking extension of the mandate of the Arbitral Tribunal by a period of 2 months for making and publishing the Award. 2. It is stated that the parties have already concluded the arguments and only the pronouncement of the Award remains. 3. Notice was issued on the last date of hearing and as per the Affidavit of Service, the respondents and its counsel have been served at the e-mails which are borne out from the Arbitral record, namely, jvstldh@gmail.com, saurabh00094@gmail.com, vishalnipun@gmail.com and aditya@jainlaw.org, respectively. 4. Despite service there is nobody appearing on behalf of the respondents today. 5. I am of the view that sufficient cause has been explained for the delay. 6. For the said reasons, the petition is allowed and the mandate of the sole arbitrator is extended by a period of 02 months from today to make and publish the Award. This is a digitally signed order. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 18/09/2025 at 12:24:11 7. The period from 02.07.2025 till today stands regularised. 8. The petition is disposed of. JASMEET SINGH, J SEPTEMBER 10, 2025/AS This is a digitally signed order. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 18/09/2025 at 12:24:11