Ansaldo Signal Consortium & Anr. v. North Central Railway Project Unit
Case brief
What is this about?
The Delhi High Court, addressing a petition for extension of an Arbitral Tribunal's mandate under Section 29A of the Arbitration and Conciliation Act, 1996, allowed the extension by one year. The Court noted the volume of evidence and hearings pending, aligning with a mutual consent order recorded by the Tribunal.
What did the court decide?
The petition is allowed; the mandate of the learned Arbitral Tribunal is extended by the period of one year with effect from 26.06.2024.