Allowed
M/S Richa Constructions Co. v. M/S Nbcc India Ltd.
Delhi HCO.M.P.(MISC.)(COMM.)/833/2024
Case brief
AI extract
What is this about?
PETITION FOR EXTENSION OF MANDATE IN ARBITRATION PROCEEDINGS UNDER SECTION 29A(4) OF THE ARBITRATION AND CONCILIATION ACT, 1996. COURT ALLOWED PETITION EMPOWERING ARBITRAL TRIBUNAL TO CONCLUDE PROCEEDINGS WITHIN ONE YEAR FROM DATE OF ORDER.
What did the court decide?
Mandate of the Arbitral Tribunal extended by a period of 1 year from today to conclude proceedings.