An I.A. seeking extension of the Arbitral Tribunal's mandate under the Arbitration and Conciliation Act and Commercial Courts Act was allowed. The Tribunal's mandate was extended till 30.04.2025, subject to expeditious disposal.
The mandate of the Arbitral Tribunal is extended for six months, till 30.04.2025.
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KARMYOGI PROPERTIES PVT. LTD. .....Petitioner Through: Mr. Debesh Panda, Mr. Kanishk Aggrawal & Mr. V.D. Verma, Advocates.
versus
OYO HOTELS AND HOMES PVT. LTD. & ORS. .....Respondents Through: Mr. Sandeep Kumar Mahapatra, Mr. Tribhuvan & Mr. Ishan Malhotra, Advocates.
CORAM:
HON'BLE MS. JUSTICE SWARANA KANTA SHARMA
O R D E R
% 20.12.2024
I.A. 49134/2024 (exemption)
O.M.P.(MISC.)(COMM.) 986/2024
“In the facts and circumstances above, it is most respectfully prayed that this Hon‟ble Court may be pleased to extend the mandate of the Ld. Arbitral Tribunal till 30.06.2025 or such further period as may be considered appropriate by this Hon‟ble Court; or in
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 04:19:37
the alternative if this Hon‟ble Court considers it appropriate, to pass such any other orders and directions in respect of the mandate of the Ld. Sole Arbitrator as it considers fit and proper in the facts and circumstances as set out above”
SWARANA KANTA SHARMA, J
DECEMBER 20, 2024/ at
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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 04:19:37
1 issue framed by the court
Whether the mandate of the Arbitral Tribunal expired on 31.10.2024.
2 provisions across 2 enactments
Karmyogi Properties Pvt. Ltd.
OYO Hotels and Homes Pvt. Ltd.
Swarana Kanta Sharma
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
