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DELHI HIGH COURT
C.HARI SHANKAR
GEO GPT JV – Appellant
Versus
Power Grid Corporation of India Ltd. – Respondent
| Table of Content |
|---|
| 1. application for extension of arbitration timeline. (Para 1) |
| 2. parties' agreement on extension request. (Para 2 , 3) |
| 3. court's decision to extend arbitration timeline. (Para 4) |
| 4. final order to allow petition. (Para 5) |
ORDER
(Video-Conferencing)
1. This is an application under sub-sections 1 and 3 of Section 29A of the Arbitration & Conciliation Act, 1996, for extending the time of the learned Arbitral Tribunal, to arbitrate on the dispute between the petitioner and the respondent, with respect to which the learned Arbitral Tribunal entered on the reference on 8th January 2019, by three months till 28th February, 2021.
2. However, as one month, since the expiry of the time available with the learned Arbitral Tribunal has already elapsed, Mr. Waheb Hussaini, learned counsel for the petitioner prays that extension of time may be granted till 31st March, 2021.
3. Mr. Pranay Kishore Mishra, learned counsel for the respondent, has no objection.
4. Accordingly, the time available with the learned sole arbitrator to complete the arbitral proceedings and render award, on the dispute with which the learned Arbitral Tribunal is seized, shall stand extended till 31st
Extension of arbitration proceedings under the Arbitration and Conciliation Act can be granted when both parties consent, ensuring completion in a timely manner.
The court affirmed that extraordinary circumstances, such as a pandemic, can justify extending the mandate of an arbitral tribunal under Section 29 A(4) of the Arbitration and Conciliation Act, 1996.
The court upheld the extension of the Arbitral Tribunal's mandate under Section 29A(5) of the Arbitration and Conciliation Act, permitting additional time for award finalization.
The court recognized that external factors such as the Covid pandemic can justify the extension of an arbitral tribunal's mandate under Section 29 A (5) of the Arbitration and Conciliation Act, 1996.
Extension of Arbitral Tribunal's mandate is permissible under Section 11(6) of the Arbitration and Conciliation Act when both parties consent.
The court upheld the extension of the arbitral tribunal's mandate under Section 29 A of the Arbitration and Conciliation Act, ensuring resolution of disputes while considering previous procedural del....
The court can extend the mandate of an Arbitral Tribunal under Section 29A(6) when there are no objections from the parties involved.
The court has the discretion to extend the mandate of the Arbitral Tribunal in the interest of justice.
Extension of time under Section 29A(4) of the Arbitration & Conciliation Act applies to applications under Section 33(1)(a) to prevent parties from losing their rights due to procedural delays.
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