Allowed
Paramount Realtec Pvt. Ltd. v. Keltech Infrastructure Ltd.
Delhi HCO.M.P.(MISC.)(COMM.)/540/2024
Case brief
AI extract
What is this about?
A petition under Section 29A(5) of the Arbitration and Conciliation Act, 1996 seeking extension of the Arbitral Tribunal's mandate. The High Court, Delhi, allowed the petition and extended the mandate by six months from July 16, 2024, as the matter was reserved for the award.
What did the court decide?
The mandate of the Arbitral Tribunal stands extended by six months with effect from 16 July 2024.