M/S G-Tech Construction and Fabricators v. Indian Oil Corporation Ltd.
Case brief
What is this about?
Petition under the arbitration framework sought extension of time for the sole arbitrator to pronounce an award that was ready but whose mandate had expired. The court, noting no objection from the respondent and an earlier extension, extended the mandate by 15 days and regularised the elapsed period.
What did the court decide?
Mandate of the arbitrator extended by 15 days from 05.08.2024; intervening period regularised.