Allowed

Micromax Informatics Limited v. Home Credit India Finance Limited & Ors.

Delhi HC22 May 2025O.M.P.(MISC.)(COMM.)/405/2025

Case brief

AI extract

What is this about?

The Division Bench extended the mandate of a Sole Arbitrator by six months upon the parties' common consent to conclude pending arbitration proceedings and pass an award under Section 29A of the Arbitration and Conciliation Act, 1996.

What did the court decide?

Mandate of the learned Arbitrator extended by a period of six months from 30.05.2025.

Micromax Informatics Limited Vs Home Credit India Finance Limited… — Arbitration | Delhi HC (2025)

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$~70

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IN THE HIGH COURT OF DELHI AT NEW DELHI

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- O.M.P.(MISC.)(COMM.) 405/2025

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MICROMAX INFORMATICS LIMITED .....Petitioner

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Through: Ms. Prachi Dhingra, Advocate.

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versus

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HOME CREDIT INDIA FINANCE LIMITED & ORS.

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.....Respondents Through: Mr. Sidharth Mahajan, Mr. Sumit Roy, Mr. Neelam Dhankar and Mr. Tamuk Joseph, Advocates.

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CORAM: HON'BLE MS. JUSTICE JYOTI SINGH

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O R D E R % 22.05.2025

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This petition is filed on behalf of the Petitioner under Section 29A (4) and (5) of the Arbitration and Conciliation Act, 1996 (‘1996 Act’) seeking extension of the mandate of the learned Arbitrator.

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Disputes having arisen between the parties, in a pending appeal before this Court being FAO (COMM) 50/2022, vide order dated 25.04.2023, the Division Bench appointed a Sole Arbitrator to adjudicate the disputes, with the consent of the parties. It is stated in the petition that arbitral proceedings are at the stage of final arguments and since the mandate of the learned Arbitrator is expiring on 29.05.2025, the mandate be extended so that proceedings are concluded and the arbitral award is passed.

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Issue notice.

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Page 1 of 2

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O.M.P.(MISC.)(COMM.) 405/2025

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This is a digitally signed order.

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The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 01/07/2025 at 16:29:53

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Mr. Sidharth Mahajan, learned counsel for the Respondents accepts notice and on instructions, submits that the Respondents have no objection to the extension of mandate of the learned Arbitrator.

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Accordingly, with the consent of the parties, mandate of the learned Arbitrator is extended by a period of six months from 30.05.2025.

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Petition is allowed and disposed of in the aforesaid terms

JYOTI SINGH, J

MAY 22, 2025

S.Sharma

Page 2 of 2

O.M.P.(MISC.)(COMM.) 405/2025

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This is a digitally signed order. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 01/07/2025 at 16:29:53

Micromax Informatics Limited v. Home Credit India Finance Limited & Ors.

Case brief

What is this about?

What did the court decide?

Micromax Informatics Limited v. Home Credit India Finance Limited & Ors.

Case brief

What is this about?

What did the court decide?

What the court decided

A compact analysis

Issues for consideration

Statutes considered

Parties & counsel

Coram

Case details

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