Petition for extension of the Arbitral Tribunal's mandate. Counsel for the respondent raised no objection. Tribunal extended mandate by six months w.e.f. today.
Mandate of the learned Arbitral Tribunal extended by six months w.e.f. the date of the order.
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$~37
* IN THE HIGH COURT OF DELHI AT NEW DELHI
versus
ORIENTAL INSURANCE CO LTD. .....Respondent Through: Mr. Apoorv Sarvaria, Ms. Yashika Sarvaria and Ms. Simran Chadha, Advs.
CORAM: HON'BLE MR. JUSTICE C. HARI SHANKAR O R D E R % 18.07.2024
1. This is a petition under Section 29A (4) of the Arbitration and Conciliation Act, 1996 seeking extension of the mandate of the learned Arbitral Tribunal presently in seisin of the disputes between the parties by a period of six months.
2. The mandate of learned Arbitral Tribunal is stated to have expired on 30 June 2024.
3. Learned counsel for the respondents has no objection.
4. Accordingly, the mandate of the learned Arbitral Tribunal stands extended by six months w.e.f. today. The petition stands disposed of in the aforesaid terms.
C. HARI SHANKAR, J
JULY 18, 2024/ mk
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1 issue framed by the court
Whether the mandate of the Arbitral Tribunal should be extended by six months under Section 29A(4) of the Arbitration and Conciliation Act, 1996.
1 provisions across 1 enactments
Navyug Paper Products & Anr.
Oriental Insurance Co Ltd.
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
