Rika Global Impex Limited v. Surya Mitra Traders Prop Maheshwar Rao
Case brief
What is this about?
Section 29-A Arbitration and Conciliation Act 1996; extension of mandate of Arbitral Tribunal; mandate expired March 31, 2023; mandate extended six months until August 9, 2025; Bombay High Court, Ordinary Original Civil Jurisdiction; Arbitration Petition No. 115 of 2024; Rika Global Impex Limited versus Surya Mitra Traders Prop. Maheshwar Rao; consent to extension recorded in minutes of 24th arbitral meeting dated February 4, 2025; respondent counsel absent; judge Somasekhar Sundaresan; decision date February 10, 2025.
What did the court decide?
Extension of the mandate of the Arbitral Tribunal for a period of six months, i.e., until August 9, 2025. ¶19