Allowed
Caparo Financial Solutions Limited v. M/S Bhakti Enterprises & Ors.
Delhi HCO.M.P.(MISC.)(COMM.)/382/2019
Case brief
AI extract
What is this about?
Petitioner filed petition under Section 29A of Arbitration and Conciliation Act, 1996 for extension of time for sole arbitrator to complete proceedings and render award. Court noted proceedings were at cross-examination stage and extended time by one year effective July 23, 2019. Consequential IA dismissed as infructuous.
What did the court decide?
Time for learned Sole Arbitrator to complete proceedings and render award extended by one year effective from July 23, 2019.