This order extended the tenure of the arbitrator by six months under Section 29A(5) of the Arbitration and Conciliation Act, 1996, following the respondent's consent.
Extension of the mandate of the arbitrator by six months from 30 August 2024.
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JAIN INFRAPROJECTS LIMITED .....Petitioner
Through: Mr. Srisatya Mohanty and Mr. Ripul Swati, Advs.
versus
STEEL AUTHORITY OF INDIA LIMITED .....Respondent Through:
CORAM: HON'BLE MR. JUSTICE C. HARI SHANKAR
O R D E R (ORAL) % 03.09.2024
1. This is a petition under Section 29A(4) and 29A(5) of the Arbitration and Conciliation Act, 19961 for extension of the mandate of the arbitrator in seisin of the dispute between the parties.
2. It is stated that the mandate of the learned arbitrator had expired on 30 August 2024.
3. The learned Counsel for the respondent has no objection.
4. Accordingly, the mandate of the learned arbitrator stands extended by six months from 30 August 2024.
1 “the 1996 Act”, hereinafter Signature Not Ver ified OMP(MISC.)(COMM.) 664/2024 Digitally Signed By:AJIT KUMAR Signing Da te:0 5.09.2024 15:00:18
Signature Not Verified
Page 1 of 2 Digitally Signed By:CHANDRASHEKHARAN HARI SHANKAR Signing Date: 05.0 9.2024 14:57:24
5. The petition stands allowed in the aforesaid terms.
C.HARI SHANKAR, J
SEPTEMBER 03, 2024 /aky
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Signature Not Ver ified
Signature Not Verified
Page 2 of 2 Digitally Signed By:CHANDRASHEKHARAN HARI SHANKAR Signing Date: 05.0 9.2024 14:57:24
OMP(MISC.)(COMM.) 664/2024 Digitally Signed By:AJIT KUMAR Signing Da te:0 5.09.2024 15:00:18
1 issue framed by the court
Whether the mandate of an arbitrator should be extended under Section 29A(5) of the Arbitration and Conciliation Act, 1996.
1 provisions across 1 enactments
JAIN INFRAPROJECTS LIMITED
STEEL AUTHORITY OF INDIA LIMITED
C. Hari Shankar
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
