This order grants an extension of two months to the mandate of an Arbitral Tribunal under Section 29A of the Arbitration and Conciliation Act, 1996 for the publication of an award, acting upon the submissions of the parties.
The mandate of the Arbitral Tribunal is extended for two months from 31.01.2024 to 31.03.2024.
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DLF HOME DEVELOPERS LTD. ..... Petitioner Through: Ms. Simran Brar, Ms. Ambika, Mr. Harshvardhan Ranawat, Advs.
versus
AMIT ARORA ..... Respondent Through: Mr. Babul Biswas, Adv.(VC)
CORAM:
HON'BLE MR. JUSTICE DINESH KUMAR SHARMA
% 25.01.2024
The present petition has been filed under Sections 29A(5) and 29A(4) of the Arbitration and Conciliation Act, 1996 seeking an extension of the mandate for the publication of arbitral award. The learned Arbitrator was appointed by the Court vide order dated 21.07.2017. The mandate is stated to be expiring on 31.01.2024. It has been submitted by both the parties that mandate may be extended for a further two months.
Considering the aforesaid request and the no objection given by the other side, the present petition is allowed and the mandate of the Arbitral Tribunal is extended for two months from 31.01.2024.
In view of the submissions of both parties, the mandate is extended till 31.03.2024.
The present petition stands disposed of.
The copy of this order be given dasti under the signature of Court Master.
DINESH KUMAR SHARMA, J
JANUARY 25, 2024/ Pallavi
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1 issue framed by the court
Whether the mandate of the Arbitral Tribunal for publication of the arbitral award should be extended.
1 provisions across 1 enactments
DLF HOME DEVELOPERS LTD.
AMIT ARORA
DINESH KUMAR SHARMA
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
