Tlg India Private Limited v. Nineyards Realty Private Limited
Case brief
What is this about?
The Delhi High Court allowed a petitioner's petition under Section 29A(5) of the Arbitration and Conciliation Act, 1996, to extend the arbitral tribunal's mandate by six months. The court held that the delay was explained due to remaining issues of interest and costs, noting that no new witnesses were to be examined.
What did the court decide?
The mandate of the Arbitral Tribunal is extended by a period of 6 months from October 15, 2025. The delay period from July 10, 2024, to the date of order is regularised.