M/S Dream Merchant Realtors Pvt. Ltd. v. M/S Amd Estates Developers Pvt. Ltd. & Anr.
Case brief
What is this about?
Section 29A(4) and (5) Arbitration and Conciliation Act 1996; extension of arbitral mandate; mandate expired 03.04.2025; six-month extension from 07.05.2025; regularisation of period 04.04.2025 to 06.05.2025; DIAC; Sole Arbitrator; Development/Collaboration Agreement dated 05.05.2014; township; 264 Kanal 11 Marla; Village Mouja Majra Gurdas; Rewari, Haryana; proceedings at final arguments; dates 16.05.2025 and 19.05.2025; consent of parties; O.M.P.(I)(COMM.) 226/2019; O.M.P.(I)(COMM.) 44/2022; Section 9; Section 17; O.M.P.(MISC.)(COMM.) 369/2025; Delhi High Court; Jyoti Singh, J.; order dated 07.05.2025.
What did the court decide?
Mandate of the Arbitral Tribunal extended by six months from 07.05.2025; period between 04.04.2025 and 06.05.2025 regularised; petition allowed and disposed of in those terms. ¶9