M/s. Soundaraja Mills Ltd. v. M/s.Nimbark Fashions Limited
Arbitration – Extension of mandate of arbitral tribunal
Case brief
What is this about?
Madras High Court order dated 07-04-2026 in A No. 1306 of 2026 (Senthilkumar Ramamoorthy, J.). Soundaraja Mills Ltd v. Nimbark Fashions Limited. Extension of arbitral tribunal's mandate; dispute under Buy Back Agreement dated 01.07.2021; arguments concluded, award unpronounced pending verification of accounts and mathematical calculation; respondent served but absent; mandate extended by three months from receipt of copy of order. Keywords: extension of arbitral mandate, arbitration application, Buy Back Agreement, unpronounced award, Madras High Court.
What did the court decide?
Extension of the mandate of the arbitral tribunal by a period of three months from the date of receipt of a copy of the order (the applicant had sought one month). ¶24