Tata Capital Limited Transferee of Tata Capital Financial Services Limited v. Fairdeal Agencies Exclusive Pvt. Limited and Ors.
Case brief
What is this about?
Delhi High Court, Jyoti Singh, J., O.M.P.(MISC.)(COMM.) 321/2025, order dated 14.10.2025: Tata Capital Limited (transferee of Tata Capital Financial Services Limited) sought extension of the Sole Arbitrator's mandate under Section 29A(4) and (5) of the Arbitration and Conciliation Act, 1996; mandate had expired on 10.03.2025 with award reserved. Respondents (Fairdeal Agencies Exclusive Pvt Ltd and Ors) were served but did not appear. Mandate extended by two months from 14.10.2025; period 11.03.2025 to 13.10.2025 regularized; petition disposed of.
What did the court decide?
Extension of the mandate of the Sole Arbitrator by two months from 14.10.2025, with the period between 11.03.2025 and 13.10.2025 regularized; petition disposed of in these terms. ¶12