Sohan Lal Commodity Management Limited v. Jhawar Traders

Delhi High Court · 07 Jul 2024 · 2024:DHC:6170
C. Hari Shankar
O.M.P.(MISC.)(COMM) 570/2024
2024:DHC:6170
civil appeal_allowed

AI Summary

The Delhi High Court granted a three-month extension of the Arbitral Tribunal's mandate under Section 29A(4) of the Arbitration and Conciliation Act, 1996, allowing continuation of arbitration proceedings with no objection from respondents.

Full Text
Translation output
O.M.P.(MISC.)(COMM) 570/2024 & connected matters
HIGH COURT OF DELHI
O.M.P.(MISC.)(COMM.) 570/2024
SOHAN LAL COMMODITY
MANAGEMENT LIMITED .....Petitioner
Through: Mr. Arunav Tewari, Adv.
VERSUS
JHAWAR TRADERS .....Respondent
Through: Ms. Aashnaa Bhatia, Advocate
O.M.P.(MISC.)(COMM.) 571/2024
VERSUS
CAPITAL PROPMART PRIVATE LIMITED.....Respondent
O.M.P.(MISC.)(COMM.) 572/2024
VERSUS
R R AGROTECH .....Respondent
CORAM:
HON'BLE MR. JUSTICE C.HARI SHANKAR O R D E R (ORAL)
14.08.2024
JUDGMENT

1. These are petitions under Section 29A(4) of the Arbitration and O.M.P.(MISC.)(COMM) 570/2024 & connected matters Conciliation Act 1996 (“the 1996 Act”) for extension of the mandate of the Arbitral Tribunal, which was in seisin of the disputes between the parties.

2. The mandate of the Arbitral Tribunal is stated to have expired on 7 July 2024.

3. Learned Counsel for the respondent has no objection to the prayer sought.

4. Accordingly, the mandate of the Arbitral Tribunal shall extend extended by a period of three months, as sought. The mandate shall be treated as continuing from the date of expiry.

5. These petitions stand disposed of in the aforesaid terms.

C. HARI SHANKAR, J.