Petition under Section 29A(4) and (5) of the Arbitration and Conciliation Act sought extension of the arbitrator's mandate in loan agreement disputes. All parties consented. Mandate extended by six months from 17.07.2025 with the intervening period regularized; petition allowed.
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M/S NATIONAL SKILL DEVELOPMENT CORPORATION (NSDC) .....Petitioner Through: Mr. Shikhar Kumar, Advocate.
versus IHT NETWORK LIMITED & ORS. .....Respondents Through: Mr. Brajesh Kumar, Advocate for R-2.
CORAM:
HON'BLE MS. JUSTICE JYOTI SINGH
O R D E R % 17.07.2025
I.A. 16409/2025 (Exemption)
O.M.P.(MISC.)(COMM.) 534/2025
O.M.P.(MISC.)(COMM.) 534/2025
Page 1 of 2
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parties. The extended mandate has expired on 26.05.2025 and during the hearing before the learned Arbitrator on 21.05.2025, Respondents No. 1 and 3 gave their consent to seek extension of mandate by six months. The arbitral proceedings are stated to be at the stage of cross-examination of witnesses of Respondents No. 1 and 3 by Respondent No. 2.
JYOTI SINGH, J
JULY 17, 2025 S.Sharma
O.M.P.(MISC.)(COMM.) 534/2025
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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 22/07/2025 at 12:22:22
1 issue framed by the court
Whether the mandate of the sole Arbitrator should be extended by six months under Section 29A of the Arbitration and Conciliation Act, 1996?
1 provisions across 1 enactments
M/S National Skill Development Corporation (NSDC)
IHT Network Limited
Jyoti Singh
As recorded by the court registry
A miscellaneous application in an arbitration matter, commonly seeking extension of the arbitral tribunal's mandate under Section 29A.
Judgements on the same questions, provisions and authorities, from every court
