Indusind Bank Limited v. Mlr Auto Limited
Case brief
What is this about?
Madras High Court; Original Side; Application No.1998 of 2026; decided 03-06-2026; Justice K. Kumaresh Babu; Indusind Bank Limited v. MLR Auto Limited; arbitration; extension of arbitral mandate; Order XIV Rule 8 of Original Side Rules r/w Section 29A(5) of the Arbitration and Conciliation Act, 1996; three-month extension from receipt of copy of order; arbitrator to complete proceedings and pass Award; parties directed to co-operate; respondent counsel raised no objection; application disposed of.
What did the court decide?
Extension of the mandate of the arbitral tribunal by a further period of three (3) months from the date of receipt of a copy of the order; the learned Arbitrator requested to complete the proceedings and pass an Award within that period; the respective parties directed to co-operate. ¶23