Tata Capital Limited Transferee of Tata Capital Financial Services Ltd. v. Ms Jv Steel Tubes and Ors.
Arbitration and Conciliation Act, 1996 – Section 29A(4)&(5) – Extension of mandate of Arbitral Tribunal
Case brief
What is this about?
Delhi High Court order dated 10.09.2025 in O.M.P.(MISC.)(COMM.) 687/2025, Jasmeet Singh, J. Petition under Section 29A(4)&(5) of the Arbitration and Conciliation Act, 1996 by Tata Capital Limited (transferee of Tata Capital Financial Services Ltd.) against M/s JV Steel Tubes and Others for extension of arbitral mandate. Arguments concluded, only pronouncement of Award pending; respondents unrepresented despite service by email. Mandate of sole arbitrator extended by two months; period from 02.07.2025 regularised; petition allowed and disposed of.
What did the court decide?
Mandate of the sole arbitrator extended by 02 months from the date of the order (10.09.2025) to make and publish the Award; the period from 02.07.2025 till the date of the order stands regularised; petition disposed of. ¶¶10