AP-COM/776/2026 of KHAGRA JOYDEV RESOURCES PRIVATE LIMITED Vs DAMODAR VALLEY CORPORATION on 9 October 2026

OCD-4

ORDER SHEET

IN THE HIGH COURT AT CALCUTTA (Commercial Division) ORIGINAL SIDE

AP-COM/776/2026

KHAGRA JOYDEV RESOURCES PRIVATE LIMITED VS DAMODAR VALLEY CORPORATION

BEFORE: The Hon’ble JUSTICE GAURANG KANTH Date : 9th October, 2026. Appearance Mr. Neelesh Choudhury, Adv. Ms. A. Poddar, Adv. ...for the petitioner

Mr. Subir Pal, Adv. ...for the respondent

The Court: The petitioner has preferred the present petition under Section 29A of the Arbitration and Conciliation Act, 1996, seeking extension of the mandate of the Arbitral Tribunal for completion of the arbitral proceedings and publication of the arbitral award. This Court on earlier four occasions, that is, vide orders dated 29.04.2025, 22.09.2025, 31.03.2026 and 17.06.2026 extended the mandate of the arbitral tribunal by six months, six months, two months and three months respectively. Learned Counsel for the parties state that the final arguments had concluded on 17.11.2024. However, despite four extensions, the award is not yet published. Learned Counsel for the respondent states that he has no objection to the extension of the mandate of the arbitral tribunal.

2 Upon consideration of the submissions of both the parties and the materials placed on record, this Court is satisfied that there has been no undue or unwarranted delay on the part of the learned sole Arbitrator in conducting the proceedings. Having regard to the advanced stage of the proceedings and in the interest of justice, the mandate of the learned sole Arbitrator is extended further for a period of three months from today. The learned sole Arbitrator is requested to make all reasonable endeavours to conclude the arbitral proceedings and publish the arbitral award within the extended time period. With the aforesaid observations, the present petition stands disposed of.

(GAURANG KANTH, J.)

S. A. AR (CR)