Petitions seeking extension of the arbitral tribunal's mandate under Section 29A(4), which expired on 7 July 2024. With no objection from respondents, the Court extended the mandate by three months, treated as continuing from expiry.
Mandate of the Arbitral Tribunal extended by three months from date of expiry.
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$~40 to 42
* IN THE HIGH COURT OF DELHI AT NEW DELHI
SOHAN LAL COMMODITY MANAGEMENT LIMITED .....Petitioner Through: Mr. Arunav Tewari, Adv.
Versus
JHAWAR TRADERS .....Respondent Through: Ms. Aashnaa Bhatia, Advocate
versus
CAPITAL PROPMART PRIVATE LIMITED.....Respondent Through: Ms. Aashnaa Bhatia, Advocate
SOHAN LAL COMMODITY MANAGEMENT LIMITED .....Petitioner
Through: Mr. Arunav Tewari, Adv. versus
R R AGROTECH .....Respondent Through: Ms. Aashnaa Bhatia, Advocate
CORAM: HON'BLE MR. JUSTICE C.HARI SHANKAR
O R D E R (ORAL)
%
14.08.2024
1. These are petitions under Section 29A(4) of the Arbitration and
Signature Not Ver ified
Signature Not Verified Digitally Signed By:CHANDRASHEKHARAN HARI SHANKAR Signing Date: 16.0 8.2024 14:02:47
O.M.P.(MISC.)(COMM) 570/2024 & connected matters Digitally Signed By:AJIT KUMAR Signing Da te:1 6.08.2024 14:03:31
Page 1 of 2
Conciliation Act 1996 (“the 1996 Act”) for extension of the mandate of the Arbitral Tribunal, which was in seisin of the disputes between the parties.
2. The mandate of the Arbitral Tribunal is stated to have expired on 7 July 2024.
3. Learned Counsel for the respondent has no objection to the prayer sought.
4. Accordingly, the mandate of the Arbitral Tribunal shall extend extended by a period of three months, as sought. The mandate shall be treated as continuing from the date of expiry.
5. These petitions stand disposed of in the aforesaid terms.
C. HARI SHANKAR, J.
AUGUST 14, 2024/yg
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Signature Not Ver ified O.M.P.(MISC.)(COMM) 570/2024 & connected matters Digitally Signed By:AJIT KUMAR Signing Da te:1 6.08.2024 14:03:31
Signature Not Verified Digitally Signed By:CHANDRASHEKHARAN HARI SHANKAR Signing Date: 16.0 8.2024 14:02:47
Page 2 of 2
1 issue framed by the court
Whether the mandate of the Arbitral Tribunal, expired on 7 July 2024, should be extended under Section 29A(4).
1 provisions across 1 enactments
Sohan Lal Commodity Management Limited
Jhawar Traders
Capital Propmart Private Limited
R R Agrotech
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
