Mbl Infrastructure Ltd. v. Vyagrah Infrastructure Pvt. Ltd.
Case brief
What is this about?
The Delhi High Court allowed an application under Sections 29-A(4) and (5) of the Arbitration and Conciliation Act, 1996, extending the arbitral tribunal's mandate by one year from 11.10.2024 to complete proceedings and pass an award as parties were still recording evidence.
What did the court decide?
Mandate of Arbitral Tribunal extended by one year from 11.10.2024 for completion of proceedings and passing of award.