M/S Sai Boda Hotels Rep. by Its Mg Partner, Mr. Raviraj Boda v. M/S Oyo Hotels and Homes Pvt. Ltd.
Case brief
What is this about?
Section 29A Arbitration and Conciliation Act 1996; extension of time for arbitral award; mandate of Arbitral Tribunal extended by one year; regularization of expired period; DIAC Arbitration Case No. 3898/04-22; Sai Boda Hotels v. Oyo Hotels and Homes Pvt. Ltd.; O.M.P.(MISC.)(COMM.) 247/2025; Delhi High Court; Jasmeet Singh, J.; order dated 19.03.2025; delay due to heavy and voluminous records; consent/no objection by respondent.
What did the court decide?
Petition under Section 29A disposed of with the mandate of the Arbitral Tribunal (Sole Arbitrator) extended by one year from 19.03.2025 to make and publish the arbitral award, and the period from 11.03.2025 till the date of the order regularized. ¶16