Jayantilal Punshibhai Rita v. Narang and Mahaveer Developers LLP
Case brief
What is this about?
Section 29-A Arbitration and Conciliation Act 1996; extension of mandate of arbitral tribunal by consent for 12 months up to January 6, 2026; mandate expired August 31, 2024; application filed September 11, 2024; Jayantilal Punshibhai Rita v. Narang And Mahaveer Developers LLP; Commercial Arbitration Petition No. 402 of 2024; Bombay High Court OOCJ; SOMASEKHAR SUNDARESAN, J.; decided January 07, 2025.
What did the court decide?
Extension of the mandate of the arbitral tribunal by consent for 12 months, i.e., up to January 6, 2026, with the Court expressing the hope that the proceedings be conducted in due dispatch and the final Award passed within the extended period. ¶18