Aditya Birla Capital Limited v. Presidium Educational Charitable Trust and Others
Case brief
What is this about?
Uncontested Section 29A(4) extension of arbitral mandate: Delhi High Court, O.M.P.(MISC.)(COMM.) 792/2025, Aditya Birla Capital Limited v. Presidium Educational Charitable Trust and Others, order dated 22.09.2025 by Amit Bansal, J.; period of arbitral proceedings extended till 7th October, 2026; context - CIRP before NCLT (Respondents 1-3), ex parte Respondent No. 4, personal insolvency moratorium lifted 08.01.2025 (Respondents 6-9); keywords - S. 29A(4), Arbitration and Conciliation Act 1996, extension of arbitral proceedings, mandate, NCLT, CIRP, moratorium.
What did the court decide?
Extension of the period of arbitral proceedings till 7th October, 2026 for concluding the proceedings and passing the arbitral award; the petition and the pending application (I.A. 23762/2025) stand disposed of. ¶18