Bharat Heavy Electricals Ltd (award-holder) and Hiranmaye Energy Ltd (award-debtor) are parties in a dispute before the High Court at Calcutta. The counsels for both parties requested an adjournment. The award-holder has an appeal pending before the NCLAT. The promoter of the award-debtor has a statutory appeal pending before the Supreme Court, arising from a rejection order by the NCLAT. The relevance of these facts is that the pending appeals in higher courts could impact the proceedings in the High Court, justifying the adjournment.

Bharat Heavy Electricals Ltd (award-holder) and Hiranmaye Energy Ltd (award-debtor) are parties in a dispute before the High Court at Calcutta. The counsels for both parties requested an adjournment. The award-holder has an appeal pending before the NCLAT. The promoter of the award-debtor has a statutory appeal pending before the Supreme Court, arising from a rejection order by the NCLAT. The relevance of these facts is that the pending appeals in higher courts could impact the proceedings in the High Court, justifying the adjournment.