Inox Green Energy Services Ltd. v. Sri Bajrang Wind Park Developers
Case brief
What is this about?
Extension of arbitral mandate under Section 29A(4) and 29A(5) of the Arbitration and Conciliation Act, 1996 read with Section 7 of the Commercial Courts Act, 2015; maintainability of extension application after expiry of twelve-month or extended six-month period; reliance on Rohan Builders (India) Private Limited v. Berger Paints India Limited, 2024 SCC OnLine SC 2494; arbitrator appointed by Order dated 24.01.2023; mandate expired 15.12.2024; matter at stage of final arguments; mandate extended six months till 31.10.2025; INOX Green Energy Services Ltd v Sri Bajrang Wind Park Developers; O.M.P.(MISC.)(COMM.) 1003/2024; High Court of Delhi; Subramonium Prasad J.; order dated 24.01.2025; petition disposed of.
What did the court decide?
Extension of the mandate of the Arbitral Tribunal for a further period of six months, till 31.10.2025, for pronouncement of the award.