Allowed
M/S Satya Developers Pvt. Ltd. v. M/S Delhi Buildtech Pvt. Ltd.
Delhi HCO.M.P.(MISC.)(COMM.)/54/2024
Case brief
AI extract
What is this about?
The Delhi High Court, sitting as a commercial court, extended the mandate of the learned Arbitrator by twelve months from the date of expiry under Section 29A(4) of the Arbitration and Conciliation Act, 1996, upon receipt of submissions and no objection from the respondent.
What did the court decide?
The mandate of the learned Arbitrator is extended by 12 months from the date it expired. The petition and the I.A. are disposed of.