The court extended the mandate of the Arbitral Tribunal for six months following an application under Section 29A of the Arbitration and Conciliation Act 1996, with no objection from the respondent.
Mandate of the Arbitral Tribunal extended by six months from the date of the order.
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HIRANAND KISHINCHAND GANGWANI .....Petitioner
Through: Mr. Rishi Bhatnagar and Mr. Rishabh Gaur, Adv.
versus
OYO APARTMENT INVESTMENT LLP .....Respondent Through: Mr. Harsh Prakash, Adv.
CORAM: HON'BLE MR. JUSTICE C. HARI SHANKAR
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O R D E R (ORAL) 05.09.2024
1. This is a petition under Section 29A of the Arbitration and Conciliation Act 19961 for extension of the mandate of the learned Arbitral Tribunal, which was in seisin of the dispute between the parties.
2. The mandate of the learned Arbitral Tribunal is stated to have expired on 16 August 2024.
3. Learned Counsel for the respondent has no objection.
4. Accordingly, the mandate of the learned Arbitral Tribunal stands extended by a period of six months from today.
1 “the 1996 Act” , hereinafter
Signature Not Ver ified OMP(MISC)(COMM) 685/2024 Digitally Signed By:AJIT KUMAR Signing Da te:0 6.09.2024 19:39:07
Signature Not Verified Digitally Signed By:CHANDRASHEKHARAN HARI SHANKAR Signing Date: 06.0 9.2024 19:38:17
Page 1 of 2
5. The petition stands disposed of in the aforesaid terms.
C. HARI SHANKAR, J.
SEPTEMBER 5, 2024/yg Click here to check corrigendum, if any
Signature Not Ver ified OMP(MISC)(COMM) 685/2024 Digitally Signed By:AJIT KUMAR Signing Da te:0 6.09.2024 19:39:07
Signature Not Verified Page 2 of 2
Digitally Signed By:CHANDRASHEKHARAN HARI SHANKAR Signing Date: 06.0 9.2024 19:38:17
1 issue framed by the court
Whether the mandate of the Arbitral Tribunal should be extended beyond its expiry date?
1 provisions across 1 enactments
Hiranand Kishinchand Gangwani
OYO Apartment Investment LLP
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
