Disposed

Cnh Industrial India Pvt. Ltd. (Formerly Known as New Holland Fiat (India) Pvt. Ltd. v. Sanjay Tractors and Automobiles Formerly Known as M/S Surya Tractors Company & Ors.

Delhi HC7 Oct 2024O.M.P.(MISC.)(COMM.)/798/2024

Case brief

AI extract

What is this about?

Petition under Section 29A(5) seeking extension of the arbitral tribunal's mandate after arguments concluded and award reserved. The court found sufficient cause for the delay, extended the mandate by three months, regularised the interim period, and disposed of the petition.

What the court decided

AI extract

Cnh Industrial India Pvt. Ltd. (Formerly Known as New Holland Fiat… — Arbitration | Delhi HC (2024)

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$~59

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IN THE HIGH COURT OF DELHI AT NEW DELHI

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- O.M.P.(MISC.)(COMM.) 798/2024

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CNH INDUSTRIAL INDIA PVT LTD (FORMERLY KNOWN AS NEW HOLLAND FIAT (INDIA) PVT LTD

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.....Petitioner Through: Mr. Deepak Jaiswal, Adv.

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versus

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SANJAY TRACTORS AND AUTOMOBILES FORMERLY KNOWN AS M/S SURYA TRACTORS COMPANY & ORS.

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.....Respondent Through: Mr. Neeraj Jagtap, Adv.

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CORAM: HON'BLE MR. JUSTICE JASMEET SINGH O R D E R % 07.10.2024

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I.A. 41547/2024-EX.

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Exemption is granted subject to all just exceptions.

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The applicant(s) shall file legible and clearer copies of exempted documents, compliant with practice rules before the next date of hearing.

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The application is disposed of.

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O.M.P.(MISC.)(COMM.) 798/2024

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This is a petition filed under Section 29A(5) of the Arbitration and Conciliation Act, 1996 seeking extension of the mandate of the Arbitral Tribunal.

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It is stated that the parties have concluded their arguments and the Award is reserved.

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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 03/07/2025 at 04:22:52

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For the said reasons, issue notice.

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Mr. Jagtap, learned counsel accepts notice on behalf of the respondent and has no objection to the petition being allowed.

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For the reasons noted above, I am of the view that sufficient cause has been explained for the delay. The petition is allowed and the mandate of the Arbitral Tribunal is extended by a period of 3 months to make and publish the Award.

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The period from 30.09.2024 till today stands regularised.

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The petition is disposed of.

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JASMEET SINGH, J

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OCTOBER 7, 2024 / (MS)

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Click here to check corrigendum, if any

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Cnh Industrial India Pvt. Ltd. (Formerly Known as New Holland Fiat (India) Pvt. Ltd. v. Sanjay Tractors and Automobiles Formerly Known as M/S Surya Tractors Company & Ors.

Case brief

What is this about?

What the court decided

Cnh Industrial India Pvt. Ltd. (Formerly Known as New Holland Fiat (India) Pvt. Ltd. v. Sanjay Tractors and Automobiles Formerly Known as M/S Surya Tractors Company & Ors.

Case brief

What is this about?

What the court decided

A compact analysis

Issues for consideration

Statutes considered

Parties & counsel

Coram

Case details

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