Sharda Steel Corporation v. Larsen And Turbo Limited And ANR.

16-CARBPL-140-20-I.DOC Ashwini

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION IN ITS COMMERCIAL DIVISION COMM ARBITRATION PETITION (L) NO. 140 OF 2020 Sharda Steel Corporation

...Petitioner

Versus

Larsen & Toubro Limited & Anr.

...Respondents

Ms Anuja Bhansali, i/b M/s Raval-Shah & Co. for the Petitioner. Ms Aparna Pujar, i/b Manilal Kher Ambalal & Co. for Respondent No. 2.

CORAM:

G.S. PATEL, J.

DATED:

5th February 2020 PC:- 1.

The petition is under Section 29-A of the Arbitration and Conciliation Act 1996. Respondent No. 1 is absent. There were disputes between the parties in regard to an agreement dated 18th August 1997. By an order dated 19th January 2017, this Court appointed Mr Vishal Kanade, an Advocate of this Court as the sole arbitrator. He entered upon the reference to his arbitration shortly thereafter and the matter proceeded before him. 5th February 2020

16-CARBPL-140-20-I.DOC 2.

The arbitral proceedings have now reached the stage of final hearing. By an order dated 25th July 2019, this Court extended the arbitral mandate by six months. The extended arbitral mandate ended on 24th January 2020.

3.

Having regard to these circumstances, I am extending the arbitral mandate until 30th November 2020 to complete the arbitral proceedings. There is no objection raised by Respondent No. 2. 4.

The petition is disposed of accordingly.

(G. S. PATEL, J) 5th February 2020