Allowed
Spml Infra Limited v. Power Grid Corporation of India Limited
Delhi HCO.M.P.(MISC.)(COMM.)/583/2024
Case brief
AI extract
What is this about?
The Delhi High Court allowed a petition under Section 29A(5) of the Arbitration and Conciliation Act, 1996, extending the mandate of an Arbitral Tribunal by six months. The petitioner sought an extension as the existing mandate was due to expire on 31 August 2024, and the respondent had no objection.
What did the court decide?
The mandate of the Arbitral Tribunal shall stand extended by a period of six months w.e.f. 31 August 2024.