M/S Sai Boda Hotels Rep. by Its Managing Partner, Mr. Raviraj Boda v. Oyo Hotels and Homes Pvt. Ltd.
Case brief
What is this about?
Petitioner sought extension of the Arbitral Tribunal's mandate under Section 29A of the Arbitration and Conciliation Act, 1996 due to delay in recording evidence. The court found sufficient cause for the delay and allowed the extension of 12 months.
What did the court decide?
Mandate of the Arbitral Tribunal extended by a period of 12 months w.e.f. 12.03.2024.