Petitioner sought extension of the arbitrator's mandate under Section 29A(4) of the Arbitration and Conciliation Act 1996 as the original term expired on 27 June 2024. The Court granted a six-month extension.
The mandate of the learned arbitrator is extended by six months from the date of this order.
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MORANI MOTORS PRIVATE LIMITED .....Petitioner Through: Mr. Abdullah Tanveer and Mr. Sandeep, Advs.
versus
HERO MOTOCORP LIMITED .....Respondent Through: Mr. Rahul Malhotra, Mr. Rishu Kant Sharma and Sanyogita Jain, Advs.
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CORAM: HON'BLE MR. JUSTICE C.HARI SHANKAR O R D E R 09.07.2024
1. This is a petition under Section 29A(4) of the Arbitration and Conciliation Act 1996 (the 1996 Act) for extension of the mandate of the arbitrator in seisin of the dispute between the parties.
2. The mandate of the learned arbitrator is stated to have expired on 27 June 2024.
3. Learned Counsel for the respondent has no objection.
4. Accordingly, the mandate of the learned arbitrator stands extended by six months from today.
5. The petition stands disposed of in the aforesaid terms.
C. HARI SHANKAR, J.
JULY 9, 2024/ dsn
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1 issue framed by the court
Whether to extend the mandate of the arbitrator after the expiry of the appointed period.
1 provisions across 1 enactments
Morani Motors Private Limited
Hero Motocorp Limited
C. Hari Shankar
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
