Era Infra Engineering Ltd. 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 six months. The court accepted the explanation for delay regarding pending matters before the NCLT and regularized the period from August 31, 2024.
What did the court decide?
Extension of the mandate of the Arbitral Tribunal by six months from the date of the order; regularization of the period from 31.08.2024 to the date of the order.