M/S Dsc Limited - Best Crompton Engineering Projects Ltd. (Jv) v. Rail Vikas Nigam Limited
Case brief
What is this about?
The Delhi High Court allowed a petition under Section 29A(4) and (5) of the Arbitration and Conciliation Act, 1996, granting a six-month extension to the Arbitral Tribunal's mandate to conclude proceedings and pass the final award, regularizing the delay period.
What did the court decide?
Extension of the mandate of the Arbitral Tribunal by a period of 6 months; regularization of the period from 31.07.2024 till today.