Bharat Heavy Electricals Limited v. Bajaj Infrastructure Development Company Ltd. (Bidco) (Now Known as Anand Engineering Ltd.)
Case brief
What is this about?
Petitioner sought extension of the arbitral tribunal's mandate under Section 29A to conclude arbitration and pass an award. The respondent raised no objection. The court allowed the petition, extended the mandate till 30.10.2024 and regularised the lapsed period.
What did the court decide?
Mandate of Arbitral Tribunal extended till 30.10.2024; period from 29.02.2024 regularised.