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PRATHIBA M. SINGH
Ajanta Soya Limited – Appellant
Versus
Oriental Insurance Company – Respondent
Headnote: Read headnote
JUDGMENT
Prathiba M. Singh, J. (Oral)
1. This hearing has been done through hybrid mode.
I.A. 3399/2024 (for exemption)
2. This is an application seeking exemption from filing originals/certified/cleared/typed copies of documents, etc. Original documents shall be produced/filed, if sought, strictly as per the provisions of the Commercial Courts, Commercial Division and Commercial Appellate Division of High Courts Act, 2015 and the Delhi High Court (Original Side) Rules, 2018.
3. Exemption is allowed, subject to all just exceptions.
4. Accordingly, the application is disposed of.
O.M.P.(MISC.)(COMM.) 92/2024
5. The present petition has been filed by the Petitioner under Section 29A of the Arbitration and Conciliation Act, 1996 (hereinafter, `the Act'), seeking extension of mandate of the arbitral tribunal till 15th April, 2024.
6. The Arbitral Tribunal was constituted in this matter on 29th October, 2020 and as per the
The importance of time-bound completion of proceedings under Section 29A of the Arbitration and Conciliation Act, 1996, and the public policy of India in ensuring expeditious and effective disposal o....
(1) Extension of mandate of Arbitral Tribunal – Court has power and jurisdiction to extend period.
(2) Efficiency in conduct of arbitral proceedings is integral to effectiveness of dispute resolut....
(1) Extension of mandate of Arbitrator(s) – Application under Section 29A(5) for extension of mandate of Arbitrator is maintainable even after expiry of time under Sections 29A(1) and (3) and even af....
The court can extend the mandate of arbitrators under Section 29A(5) after an award is rendered, even if done post statutory timeline, reinforcing the integrity of the arbitration process.
(1) Arbitral award – Application for extension of time period for passing arbitral award under Section 29A(4) read with Section 29A(5) of Arbitration and Conciliation Act, 1996 is maintainable even a....
The main legal point established in the judgment is the court's authority to grant an extension of time for the conclusion of arbitration proceedings under Section 29-A(5) of the Arbitration and Conc....
The court's power to extend an arbitrator's mandate under Section 29-A is not limited by the timing of the application, allowing for extensions even after termination.
The Court established the applicability of section 14 of the Limitation Act, 1963 to The Arbitration and Conciliation Act, 1996, and affirmed its jurisdiction to extend the arbitral tribunal's mandat....
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