IN THE HIGH COURT OF DELHI
C. Hari Shankar, J.
Future Uday Communications Pvt. Ltd. - Appellant
Versus
Amit Srivastava - Respondent
O.M.P.(MISC.)(COMM.) 127 of 2021, I.A. 9856 of 2021
Decided On : 01-09-2021

The court can extend the mandate of an Arbitral Tribunal under Section 29A(6) when there are no objections from the parties involved.

Headnote:(A) Arbitration and Conciliation Act, 1996 - Section 29A(6) - Extension of mandate of Arbitral Tribunal - Petition filed seeking extension of the mandate which expired on 3rd August, 2021 - Respondent's counsel present and does not object - Mandate extended by six months from the date of the order. (Paras 1-3)

(B) Judicial Economy - The court emphasizes the importance of timely resolution of disputes and the importance of extending mandates where necessary to ensure justice is served. (Para 2)

Facts of the case:
The petition was submitted for extending the mandate of the Arbitral Tribunal after it expired on 3rd August, 2021, with no objections from the respondent's counsel.

Findings of Court:
The mandate of the Arbitral Tribunal stands extended for six months from the date of the order.

Issues: The primary issue was whether to grant an extension of the arbitral mandate, which had expired.

Ratio Decidendi: The court ruled that extensions to arbitral mandates can be granted when there is no objection from parties involved, thereby allowing for continued proceedings and reflecting a commitment to judicial economy.

Result: The petition stands disposed of with the mandate extended.