Ss Supply Chain Solutions Pvt. Ltd. v. Okaya Power Pvt. Ltd.
Case brief
What is this about?
Petition under Section 29(A)(4)&(5) of the Arbitration and Conciliation Act sought a six-month extension of the arbitral mandate after its expiry on 31.12.2024. With the respondent's no objection, the court allowed the petition, extended the mandate for six months from 01.01.2025, and validated post-expiry proceedings.
What did the court decide?
Mandate of Arbitral Tribunal extended for 6 months from 01.01.2025; post-expiry proceedings validated.