Idfc First Bank Limited v. Hitachi Mgrm Net Limited
Arbitration & Conciliation Act, 1996 – Section 29A
Case brief
What is this about?
Delhi High Court, O.M.P.(MISC.)(COMM.) 313/2026 & I.A. 9791/2026, decided 10.04.2026 by Justice Avneesh Jhingan. Petition under Section 29A of the Arbitration & Conciliation Act, 1996 by IDFC First Bank Limited (petitioner) vs Hitachi MGRM Net Limited (respondent) for extension of the period to conclude arbitration proceedings; respondent consented; time extended by six months; petition disposed of.
What did the court decide?
Extension of the time period for conclusion of the arbitration proceedings by six months. ¶¶15