Babaji Shivram Clearing and Carriers Private Limited v. Bharat Heavy Electricals Limited
Case brief
What is this about?
Section 29-A Arbitration and Conciliation Act 1996; extension of arbitrator's mandate; Bombay High Court commercial arbitration; Babaji Shivram Clearing & Carriers Pvt Ltd v Bharat Heavy Electricals Ltd; CARBP 84/2024 and 139/2024; mandate expired 14-02-2024 and 31-03-2024; petitions filed 13-02-2024 and 27-03-2024; joint consent to six-month extension; common award to be completed by 06-07-2025; Somasekhar Sundaresan J; order dated 07-01-2025.
What did the court decide?
Pursuant to the joint submission of learned counsel for both parties agreeing to extend the mandate of the arbitral tribunal for a period of six months, both Petitions were finally disposed of, with the tribunal hearing both matters concurrently towards a common Award expected to complete making the award by July 6, 2025. ¶25