This order grants an extension of three months to the arbitrator's mandate in an arbitration matter pending between FIEM Industries Ltd and United India Insurance Co Ltd, following an unopposed petition filed under Section 29A(4) of the 1996 Act.
The mandate of the learned Arbitrator is extended for a period of three months.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
$~50
.....Petitioner
Through: Mr. Shiv Gupta, Dr. Keerti Gupta, Mr. Jalaj Agarwal and Mr. Rohin Singh Pandey, Advocates
versus
UNITED INDIA INSURANCE CO LTD .....Respondent Through: Mr. A.K. De, Advocate
CORAM: HON'BLE MR. JUSTICE C.HARI SHANKAR
%
O R D E R (ORAL) 10.09.2024
1. This is a petition under Section 29A(4) of the Arbitration and Conciliation Act 19961 for extension of the mandate of the learned Arbitrator, who was in seisin of the dispute between the parties.
2. The mandate of the learned arbitrator is stated to have expired on 31 August 2024.
3. Learned Counsel for the respondent has no objection.
4. Accordingly, the mandate of the learned Arbitrator stands extended for a period of three months.
1 “the 1996 Act”, hereinafter
Signature Not Ver ified OMP(MISC)(COMM) 706/2024 Digitally Signed By:AJIT KUMAR Signing Da te:1 1.09.2024 17:19:06
Signature Not Verified Page 1 of 2
Digitally Signed By:CHANDRASHEKHARAN HARI SHANKAR Signing Date: 11.0 9.2024 17:18:18
5. The petition stands disposed of, in the aforesaid terms.
C. HARI SHANKAR, J.
SEPTEMBER 10, 2024/yg Click here to check corrigendum, if any
Signature Not Ver ified OMP(MISC)(COMM) 706/2024 Digitally Signed By:AJIT KUMAR Signing Da te:1 1.09.2024 17:19:06
Signature Not Verified Page 2 of 2
Digitally Signed By:CHANDRASHEKHARAN HARI SHANKAR Signing Date: 11.0 9.2024 17:18:18
1 issue framed by the court
Whether the mandate of the arbitrator should be extended beyond its expiry date.
1 provisions across 1 enactments
FIEM INDUSTRIES LTD
UNITED INDIA INSURANCE CO LTD
Harishanker
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
