The High Court of Delhi granted an extension to the mandate of an Arbitral Tribunal until September 30, 2024, to conclude arbitration proceedings, upon the petitioner's request and sans objection from the respondent bank.
Extension of the mandate of the Arbitral Tribunal till 30.09.2024.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
$~36
PUNJAB NATIONAL BANK ..... Petitioner
Through: Mr. Anant Upadhayay, Adv. (VC).
versus
AXIS BANK LTD. ..... Respondent Through: Ms. Diya Kapur, Mr. Raghav Kumar, Mr. Aditya Ladha, Ms. Gahena Gambani, Advs.
CORAM:
HON'BLE MR. JUSTICE DINESH KUMAR SHARMA
O R D E R % 27.02.2024
I.A. 4467/2024
O.M.P.(MISC.)(COMM.) 134/2024
This is a digitally signed order.
The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 04/03/2024 at 11:20:42
DINESH KUMAR SHARMA, J
FEBRUARY 27, 2024/AR..
This is a digitally signed order.
The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 04/03/2024 at 11:20:42
1 issue framed by the court
Whether the mandate of the Arbitral Tribunal should be extended to conclude proceedings.
2 provisions across 2 enactments
PUNJAB NATIONAL BANK
AXIS BANK LTD.
DINESH KUMAR SHARMA
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
