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IN THE HIGH COURT OF DELHI
C. Hari Shankar, J.
Oil and Natural Gas Corporation Limited - Appellant
Versus
Hindustan Oil Exploration Corporation Ltd. - Respondent
O.M.P.(MISC.)(COMM.) 154 of 2021 & I.A. 13707 of 2021 and I.A. 13708 of 2021
Decided On : 25-10-2021
| Table of Content |
|---|
| 1. approval of application and extension granted (Para 1 , 2 , 5) |
| 2. extension of arbitral tribunal's mandate (Para 3) |
| 3. respondent's lack of objection (Para 4) |
I.A.13707/2021, I.A.13708/2021 (exemptions)
1. Allowed subject to all just exceptions.
2. The applications are disposed of.
O.M.P.(MISC.)(COMM.) 154/2021
3. This is an application under Section 29A(6) of the Arbitration & Conciliation Act, 1996, for extending the mandate of the Arbitral Tribunal, in seisin of the dispute between the parties by six months with effect from 2nd October, 2021.
4. Learned Counsel for the respondents has no objection.
5. Accordingly, the mandate of the learned Arbitral Tribunal stands extended by six months with effect from 2nd October, 2021. The petition stands allowed accordingly.
Extension of an Arbitral Tribunal's mandate is justified when there are no objections from the opposing party, as per Section 29A(6) of the Arbitration and Conciliation Act.
The court extended the mandate of the Arbitral Tribunal for 18 months due to lack of objection from the respondent's counsel regarding ongoing arbitration disputes.
The court permitted a six-month extension of the arbitrator's mandate based on a joint application from both parties under the Arbitration and Conciliation Act, 1996.
The court can extend the mandate of an Arbitral Tribunal under Section 29A(6) when there are no objections from the parties involved.
Extension of Arbitral Tribunal's mandate is permissible under Section 11(6) of the Arbitration and Conciliation Act when both parties consent.
Section 29A(6) of the Arbitration & Conciliation Act, 1996 allows for the extension of the arbitrator's mandate upon joint application of the parties.
The court has the discretion to extend the mandate of the Arbitral Tribunal in the interest of justice.
The court may extend the mandate of an Arbitral Tribunal in the interest of justice, upon joint request of the parties, as provided in the Arbitration and Conciliation Act, 1996.
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 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.
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