Overnite Express Limited v. Delhi Metro Rail Corporation
Case brief
What is this about?
Petition for extension of the Arbitral Tribunal's mandate under Section 29A of the Arbitration and Conciliation Act, 1996. The Court extended the mandate for one year, relying on the Supreme Court's ruling that such applications remain maintainable even after expiry of the statutory period.
What did the court decide?
Mandate of the Arbitral Tribunal extended for a period of one year from 22.10.2024.