Court allowed a petition to extend arbitration proceedings by six months based on a joint memo filed by both parties consenting to the extension under Section 29A(4) of the Arbitration and Conciliation Act, 1996.
Arbitration proceedings extended by six months from the date of receipt of this order.
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In the High Court of Judicature at Madras
Dated: 24.01.2018
Coram
The Honourable Dr.JUSTICE ANITA SUMANTH
O.P.No.59 of 2018 M/s.SGS India Pvt. Ltd., 4B, A.S.Marg, Vikhroli (West), Mumbai - 400 083 represented through Authorised Signatory .... Petitioner Vs. M/s.Vedanta Limited (f.k.a. M/s.Sesa Sterlite Limited), Sterlite Copper, SIPCOT Industrial Complex, Madurai Bypass Road, Thoothukudi, Tamil Nadu - 628 002 represented through Authorised Representative .... Respondent
PETITION under Section 29A(4) of the Arbitration and Conciliation Act, 1996 to extend the term of the arbitration proceedings for a further term of 6 months from 10.02.2018 till 10.08.2018.
For Petitioner : Mr.G.Kalyan Jhabakh For Respondent: Mr.R.Parthasarathy
O R D E R
This petition is filed under Section 29A(4) of the Arbitration and Conciliation
http://www.judis.nic.in Act, 1996 to extend the term of the arbitration proceedings for a further term of 6
months from 10.02.2018 till 10.08.2018.
Dr.ANITA SUMANTH,J.
23.01.2018. In terms of memo dated 23.01.2018, both parties agree that the time for completion of proceedings for arbitration may be extended by six months.
extended by a period of six (6) months from the date of receipt of a copy of this order.
O.P.No.59 of 2018
1 issue framed by the court
Whether the time limit for completion of arbitration proceedings should be extended under Section 29A(4) of the Arbitration and Conciliation Act.
1 provisions across 1 enactments
M/s.SGS India Pvt. Ltd.
M/s.Vedanta Limited
Dr. ANITA SUMANTH
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
