Sumant Kumar Sood & Ors. v. Satish Kumar Sood & Ors.
Arbitration and Conciliation Act, 1996 – Section 29A(5) – Extension of mandate of Arbitral Tribunal – Mandate expired on 11.03.2025
Case brief
What is this about?
Delhi High Court, O.M.P.(MISC.)(COMM.) 233/2025, Sumant Kumar Sood & Ors. v. Satish Kumar Sood & Ors., order dated 17.03.2025 by Jasmeet Singh, J.: unopposed petition under Section 29A(5) of the Arbitration and Conciliation Act, 1996 allowed; mandate of Arbitral Tribunal extended by two months from the date of order; period of lapse from 11.03.2025 till the order regularized; cause of delay shown as voluminous records; exemption application I.A. 6780/2025 disposed of.
What did the court decide?
Petition allowed: mandate of the Arbitral Tribunal extended by 2 months from 17.03.2025 to conclude the arbitral proceedings and publish the Arbitral Award; period from 11.03.2025 till the date of the order regularized; petition thereafter disposed of. ¶24