Allowed
Indraprastha Gas Limited v. Universal Energies Limited
Delhi HCO.M.P.(MISC.)(COMM.)/611/2024
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 Arbitral Tribunal's mandate to 31.05.2025 after the respondent accepted the notice without objection, viewing sufficient cause for the delay.
What did the court decide?
Mandate of the Arbitral Tribunal was extended to 31.05.2025 for concluding arbitral proceedings and passing the final award.