DEBANGSU BASAK
Amit Kumar Gupta – Appellant
Versus
Dipak Prasad – Respondent
JUDGMENT
Debangsu Basak, J. - The petitioner has invoked the provisions of Section 29A of the Arbitration and Conciliation Act, 1996 for extension of time to conclude the reference by a period as may be deemed fit and appropriate by the Court.
2. Learned Advocate appearing for the petitioner has submitted that, the parties entered into an agreement dated April 7, 2015. Such agreement had an arbitration clause. Disputes and differences had arisen between the parties. The petitioner had invoked arbitration clause contained in such agreement by a notice dated February 3, 2018 for the resolution of the disputes and differences between the parties. The arbitration clause had allowed the petitioner to nominate its arbitrator. Arbitration clause had also permitted the respondent to nominate his arbitrator. Although the petitioner had invoked its arbitrator, the respondent failed to do so. Consequently, the petitioner approached this Hon'ble Court under Section 11 of the Act of 1996 being A.P. No. 239 of 2018 for constitution of the arbitral tribunal. By an order dated June 29, 2020, the Court had disposed of such application by constituting the arbitral tribunal. The arbitral tribunal had
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