Ia Hydro Energy Pvt. Ltd. v. the National Insurance Co. Ltd.
Case brief
What is this about?
S.29-A Arbitration and Conciliation Act 1996 extension of arbitral tribunal mandate expired April 1, 2024; Bombay High Court Commercial Arbitration Petition 404 of 2025; I A Hydro Energy Pvt. Ltd. versus The National Insurance Co. Ltd.; mandate extended three months till September 30, 2025; award pending, judgment reserved; expedition request; disposed June 16, 2025; Somasekhar Sundaresan J; interim application (L) 13307 of 2025 disposed May 6, 2025.
What did the court decide?
Extension of the mandate of the Arbitral Tribunal for a period of three months, i.e. until September 30, 2025; Arbitral Tribunal requested to expedite passing of the final award. ¶20