Prayagraj Power Generation Company Ltd. v. Bharat Heavy Electricals Ltd.
Case brief
What is this about?
An O.M.P. petition was filed by Prayagraj Power Generation Company Ltd. against Bharat Heavy Electricals Ltd. seeking an extension of the arbitral tribunal's mandate under Section 29A of the Arbitration and Conciliation Act, 1996. The Delhi High Court allowed the petition and extended the mandate until 31.12.2024.
What did the court decide?
Mandate of the learned Arbitral Tribunal extended until 31.12.2024.