Disposed

Ram Pratap Bansal v. Krsnaa Diagnostics Pvt. Ltd. and Anr.

Bombay HC4 Oct 2024ARBP/347/2024

Case brief

AI extract

What is this about?

Second extension sought under Section 29A of the Arbitration and Conciliation Act, 1996, with arbitration at final arguments stage. Respondents served but absent. Court found sufficient cause made out and extended time for completing arbitration proceedings and making the award by twelve months.

What did the court decide?

Time for completing arbitration proceedings and making the award extended up to 12 months from upload of the order; no further extension to be granted.

Ram Pratap Bansal vs Krsnaa Diagnostics Pvt. Ltd. and Anr. — Arbitration | Bombay HC (2024)

¶1

Digitally signed by MULEY MULEY SHUBHAM SHUBHAM PRAVINRAO PRAVINRAO Date: 2024.10.05 15:55:11 +0530

¶2

1 6-ARBP-347-2024.doc

¶3

IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION

¶4

ARBITRATION PETITION NO. 347 OF 2024

Ram Pratap Bansal

...Petitioner

Vs.

Krsnaa Diagnostics Pvt. Ltd. & Anr.

¶9

...Respondents

¶10

Adv. Shivanee Srivastava i/by Gurdeep Singh Sachar for the Petitioner.

¶11

CORAM : ARIF S. DOCTOR, J. DATE : 4TH OCTOBER, 2024

¶12

P.C.:-

¶13

This is an application under Section 29A of the Arbitration and Conciliation Act, 1996 and seeks an extension of mandate of the Tribunal. I am informed that a copy of this application has been served upon the Respondents as also that the Respondents have been intimated today’s date of listing by email. I am further informed that intimation is sent on the same email address on which correspondence has been addressed by the Arbitral Tribunal. Learned Counsel undertakes to file an affidavit of service.

¶14

I am thus satisfied that the Respondents though served, have chosen not to appear. On merits Ms. Srivastava submits that this is the second extension of time and arbitration is at the stage of final arguments. Thus, I am satisfied that sufficient cause for an extension of time has been made out. Hence, the application is allowed in terms of prayer clause (a) which reads thus;

¶15

1/2

¶16

Shubham

¶17

2 6-ARBP-347-2024.doc

¶18

“(a) This Hon'ble Court be pleased to allow the present Petitioner and extend the time for completing the arbitration proceedings and for making the arbitral award upto a period of 12 months or any other period, as may be deemed appropriate by the Hon’ble;”

¶19

I make it clear that extended time shall commence from the date on which a copy of this order is uploaded. It is also made clear that there shall be no further extension granted since the time sought for is one year which in my view is more that adequate. The Arbitral Tribunal is requested to make note of this fact and act accordingly.

¶20

4. Petition is accordingly disposed of.

¶21

(ARIF S. DOCTOR, J.)

¶22

2/2

¶23

Shubham

Ram Pratap Bansal v. Krsnaa Diagnostics Pvt. Ltd. and Anr.

Case brief

What is this about?

What did the court decide?

Ram Pratap Bansal v. Krsnaa Diagnostics Pvt. Ltd. and Anr.

Case brief

What is this about?

What did the court decide?

What the court decided

A compact analysis

Issues for consideration

Statutes considered

Parties & counsel

Coram

Case details

Similar cases

Bajaj Finance Limited vs Sunita Ashokkumar Gandhi

Idbi Bank Ltd. vs Edelweiss Rural and Corporate Services Limited

Darshan Roadlines Private Limited vs Inox Wind Limited

Gtl Limited vs Maharashtra State Electricity Distribution Company Limited

Metro Developers Co. vs Jeevan Bahar Housing Society Limited

Kr Construction vs State of Maharashtra