M/S GOLDEN CHARIOT RECREATIONS PVT LTD v. BEWEALTHY PROPERTIES PVT LTD & ORS.
O.M.P.(MISC.)(COMM.)/435/2026 · 2026-07-02
Subramonium Prasad
body2026
DailyLaw.ai
[ 2026 DAILYLAW 11154 (DEL) · dailylaw.ai ]
DailyLaw.ai
[ 2026 DAILYLAW 11154 (DEL) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
$~3 * IN THE HIGH COURT OF DELHI AT NEW DELHI + O.M.P.(MISC.)(COMM.) 435/2026
M/S GOLDEN CHARIOT RECREATIONS PVT LTD .....Petitioner
Through: Mr. Ashish Chauhan, Advocate.
versus
BEWEALTHY PROPERTIES PVT LTD & ORS. .....Respondents
Through:
CORAM:
HON'BLE MR. JUSTICE SUBRAMONIUM PRASAD
O R D E R %
02.07.2026
1. The present Petition under Section 29A(4) & (5) of the Arbitration and Conciliation Act, 1996 has been filed by the Petitioner for extending the mandate of the Arbitral Tribunal.
2. Material on record indicates that an Arbitral Tribunal was constituted by this Court vide Order dated 11.02.2021 in ARB.P.467/2017. The mandate of the Arbitral Tribunal was extended from time to time and last such extension was granted by this Court vide Order dated 22.05.2025 in O.M.P.(MISC.)(COMM.) 271/2023 & O.M.P.(MISC.)(COMM.) 272/2023 by which this Court had extended the mandate of the Arbitral Tribunal till
31.05.2026. Since the mandate of the Arbitral Tribunal has expired on 31.05.2026, the present petition has been filed for extending the mandate of the Arbitral Tribunal.
3. It is stated that the award has been reserved and, therefore, the mandate of the Arbitrator be extended for a period of three months. 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 07/07/2026 at 11:24:44
4.
Learned Counsel appearing for the Respondent on advance notice states that the Respondent does not have any objection to the present Petition.
5. The Apex Court in Rohan Builders (India) Private Limited v. Berger Paints India Limited, 2024 SCC OnLine SC 2494, has held that an application for extension of the time period for passing an arbitral award under Section 29A(4) read with Section 29A(5) is maintainable even after the expiry of the twelve-month or the extended six-month period, as the case may be.
6. In view of the facts of the present case, this Court is inclined to regularize the period from 31.05.2026 till today and extend the mandate of the Arbitral Tribunal till 31.08.2026, so that the award can be pronounced.
7. The petition is disposed of, along with the pending applications, if any.
8. It is made clear that this Order is only for the purpose of extension of the mandate of the Arbitral Tribunal and any other application that the Respondent intends to file can be filed before the Arbitral Tribunal.
SUBRAMONIUM PRASAD, J JULY 02, 2026 Rahul 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 07/07/2026 at 11:24:44