Era Infra Engineering Limited v. NTPC Ltd.
Case brief
What is this about?
The Delhi High Court allowed a petition under Section 29A of the Arbitration and Conciliation Act, 1996, extending the Arbitral Tribunal's mandate by one year to conclude proceedings due to pending NCLT matters. The court regularized the delay period from 31.07.2024.
What did the court decide?
Extension of the mandate of the Arbitral Tribunal for a period of 1 year; regularization of the period from 31.07.2024 till today.