SupremeToday Landscape Ad
Back
Next
Judicial Analysis Court Copy Headnote Facts Arguments Court observation
Listen Audio Icon Pause Audio Icon
judgment-img



IN THE HIGH COURT OF DELHI
C. Hari Shankar, J.
Kuantum Papers Ltd. - Appellant
Versus
Afii Corporate Advisors Ltd. - Respondent
O.M.P.(MISC.) 15 of 2020 & I.A. 4855 of 2020
Decided On : 26-06-2020




Extension of time for arbitration proceedings can be justified by mutual consent of parties and the need for fairness in light of current constraints.

Headnote:(A) Arbitration & Conciliation Act, 1996 - Section 29A(4) - Extension of time granted to the Sole Arbitrator to conclude proceedings and pass an award by one year due to constraints faced - Both parties agree that extension is warranted in the interests of justice. (Paras 1, 2, 3)

Facts of the case:
This petition seeks extension of time for the Sole Arbitrator to conclude proceedings and pass an award, with both parties consenting to the extension due to ongoing constraints.

Findings of Court:
The time for conclusion of proceedings and passing of the award is extended by one year from today.

Issues: The court addressed whether an extension of time for the Sole Arbitrator to conclude arbitration proceedings is justified under the current circumstances.

Ratio Decidendi: The court found that, given the constraints faced, it is reasonable and just to grant an extension of time for the Sole Arbitrator to complete the award process.

Result: Petition disposed of as per terms outlined.

Table of Content
1. request for extension under arbitration act. (Para 1)
2. need for extension based on interests of justice. (Para 2)
3. extension of time granted to sole arbitrator. (Para 3 , 4)

ORDER (Oral)

O.M.P.(MISC.) 15/2020 & I.A. 4855/2020

1. This is a petition under Section 29A(4) of the Arbitration & Conciliation Act, 1996, seeking extension of time, for the learned Sole Arbitrator to conclude the proceedings and pass its award.

2. Due to the constraints being facing during these days, learned Counsel are ad idem that the interests of justice warrant extension of time available to the learned Sole Arbitrator, to pass the award, by a period of one year from today.

3. Accordingly, the time for conclusion of proceedings and passing of award, by the learned Sole Arbitrator, is extended by a period of one year from today.

4. The petition is disposed of in the above term.

Click Here to Read the rest of this document
1
2
3
4
5
6
7
8
9
10
11
SupremeToday Portrait Ad
supreme today icon
logo-black

An indispensable Tool for Legal Professionals, Endorsed by Various High Court and Judicial Officers

Please visit our Training & Support
Center or Contact Us for assistance

qr

Scan Me!

India’s Legal research and Law Firm App, Download now!

For Daily Legal Updates, Join us on :

whatsapp-icon telegram-icon
whatsapp-icon Back to top