Petition for extension of the arbitral mandate under Section 29A of the Arbitration and Conciliation Act 1996. With the sole contesting respondent not objecting, the court extended the mandate by one year from its expiry on 31 August 2024 and allowed the petition.
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$~70
ADITYA BIRLA FINANCE LIMITED .....Petitioner
Through: Ms. Nikita Rathi, Ms. Manvi Adlakha and Mr. Debrashi Dutta, Advocates.
versus
PRESIDIUM EDUCATIONAL CHARITABLE TRUST AND ORS. .....Respondents Through: (Appearance not given)
CORAM:
HON'BLE MR. JUSTICE SUBRAMONIUM PRASAD
O R D E R % 08.10.2024
This is a digitally signed order. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 15/10/2024 at 12:04:25
extension of the mandate of the learned Arbitral Tribunal, however, he does object to the assertions in this petition regarding delay. He submits that delay in the arbitral proceedings cannot be attributed to his clients. This Court is not entering into the said aspect.
SUBRAMONIUM PRASAD, J
OCTOBER 8, 2024 S. Zakir
This is a digitally signed order.
The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 15/10/2024 at 12:04:25
1 issue framed by the court
Whether the mandate of the Arbitral Tribunal should be extended under Section 29A(4)/(5) of the Arbitration and Conciliation Act 1996?
1 provisions across 1 enactments
Aditya Birla Finance Limited
Presidium Educational Charitable Trust and Ors.
Subramonium Prasad
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
