Arbitration and Conciliation. Extension of six months for arbitration proceedings and award rendered due to respondent's consent; petition and pending application disposed of.
The period for the learned Arbitrator to complete proceedings and render the award is extended by six months from today.
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GOYAL MG GASES PRIVATE LTD ..... Petitioner Through: Mr.Tarun Singla and Mr.K. C. Joshi, Advs.
versus
PANAMA INFRASTRUCTURE DEVELOPERS PRIVATE LTD & ORS. ..... Respondents Through: Mr.Pulkit Agarwal, Adv. for Respondents.
CORAM:
HON'BLE MR. JUSTICE V. KAMESWAR RAO
This is a petition under Section 29A of the Arbitration & Conciliation Act, 1996 with a prayer to extend the time for the learned Arbitrator to complete the proceedings and render the award by a period of six months. Learned counsel for the respondents, who appears on advance notice, has given his consent to the prayer made by the petitioner.
Noting the contents of the petition and the consent given by the learned counsel for the respondents, the period for the learned Arbitrator to complete the proceedings and render the award is extended by a period of six months from today.
The petition along with the pending application is disposed of.
V. KAMESWAR RAO, J
JANUARY 15, 2020 /bh
1 issue framed by the court
Whether the time for the learned Arbitrator to complete proceedings and render the award should be extended by six months given the respondents' consent.
1 provisions across 1 enactments
GOYAL MG GASES PRIVATE LTD
PANAMA INFRASTRUCTURE DEVELOPERS PRIVATE LTD
V. KAMESWAR RAO
As recorded by the court registry
A miscellaneous application in an arbitration matter, commonly seeking extension of the arbitral tribunal's mandate under Section 29A.
Judgements on the same questions, provisions and authorities, from every court
