The court extended the mandate of the arbitral tribunal for six months from 1 August 2024 under Section 29A(4) of the Arbitration and Conciliation Act, 1996, as the respondent had no objection to the extension.
Extension of the mandate of the Arbitral Tribunal for six months w.e.f. 1 August 2024.
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M/S K B G ENGINEERS .....Petitioner Through: Mr. Rahul Aggarwal and Mr. Anurag Kaushik, Advs.
versus
DELHI TOURISM AND TRANSPORTATION DEVELOPMENT CORPORATION LTD .....Respondent Through: Mr. Mayank Bamniyal, Adv.
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CORAM: HON'BLE MR. JUSTICE C. HARI SHANKAR O R D E R 02.08.2024
1. This petition under Section 29A (4) of The Arbitration and Conciliation Act, 1996 (the 1996 Act) seeks extension of the mandate of the learned Arbitral Tribunal presently in seisin of the dispute between the parties for a period of six months w.e.f. 1 August 2024.
2. Mr. Mayank Bamniyal, learned Counsel for the respondent has no objection.
3. Accordingly, the mandate of the learned Arbitral Tribunal shall stand extended by six months w.e.f. 1 August 2024.
4. The petition stands disposed of.
C. HARI SHANKAR, J
AUGUST 2, 2024/ dsn
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1 issue framed by the court
Whether the mandate of the Arbitral Tribunal should be extended for six months?
1 provisions across 1 enactments
M/S K B G Engineers
Delhi Tourism and Transportation Development Corporation 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
