ANUP JAIRAM BHAMBHANI
Harkirat Singh Sodhi – Appellant
Versus
Oram Foods Pvt. Limited – Respondent
JUDGMENT
Anup Jairam Bhambhani, J.
Brief Overview
1. By way of the present petition under section 29A(4) read with sections 29A(5) and 29A(8) of the Arbitration & Conciliation Act, 1996 (`A&C Act') the petitioner seeks a direction granting extension of time for completion of arbitral proceedings that are on-going between the petitioner and the respondents before Hon'ble Dr. Justice Mukundakam Sharma, former judge of the Supreme Court of India under the aegis of the Delhi International Arbitration Centre (`DIAC').
2. Briefly, the genesis of the disputes between the parties is a registered Lease Deed dated 05.07.2016 for the Second Floor and Third Floor of property bearing No. N-8 (Block `N. Market), Greater Kailash-I, New Delhi (`subject premises') that was signed between the petitioner and respondent No.1. Arbitral proceedings arose from certain defaults committed by the respondents in payment of rental amounts; as a consequence of which the petitioner terminated the lease deed on 17.04.2017. Subsequent to termination of tenancy, the parties signed a Settlement Agreement dated 08.06.2017, despite which settlement however, the respondents continued to default in payment of the renta
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Exceptional circumstances and the impact of the COVID-19 pandemic can be considered in determining the time period for completion of arbitral proceedings.
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Court extends arbitrator's mandate post-termination under Section 29A(5) for sufficient cause like procedural and administrative delays not attributable to petitioner, ensuring practical, expeditious....
The court ruled that delays in arbitral proceedings due to administrative reasons and the COVID-19 pandemic justified extending the Arbitrator's mandate under Section 29A of the Arbitration and Conci....
Court extends arbitrator's mandate under Section 29A(5) post-expiry and termination upon sufficient cause, quashing abeyance where delays due to respondent and administration, prioritizing efficient ....
The court ruled that extensions of time for arbitral proceedings are warranted when delays are not attributable to the parties, prioritizing efficiency and justice in the arbitration process.
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