Allowed
Ms. Simplex Infrastructures Limited v. Indian Oil Corporation Ltd.
Delhi HCO.M.P.(MISC.)(COMM.)/672/2024
Case brief
AI extract
What is this about?
Single judge of Delhi High Court considered a petition for extending the Arbitral Tribunal's mandate under Section 29A of the Arbitration and Conciliation Act, 1996. The court held that sufficient cause for delay was explained and allowed the extension.
What did the court decide?
Mandate of Arbitral Tribunal extended by 9 months; period from 29.07.2024 regularized.