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Bombay High CourtCARBP/222/2020disposed off

Orient Green Powr Company Ltd. v. Centuram Capital Limited

2020-02-13Hon'Ble Shri Justice G.S. Patel2 pages

929-CARBP222-20-I.DOC Janhavi

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION IN ITS COMMERCIAL DIVISION COMM ARBITRATION PETITION NO. 222 OF 2020 Orient Green Power Company Ltd

...Petitioner

Versus

Centrum Capital Ltd

...Respondent

Ms Rajalakshmy Mohandas, with Ms Athira Rajeevan, i/b Rajalakshmy Associates, for the Petitioner.

Ms Ankita Singhania, withMr Sidhartha Srivastva, i/b Link Legal India Law Services, for the Respondent.

CORAM:

G.S. PATEL, J.

DATED:

13th February 2020 PC:- 1.

The petition is under Section 29-A of the Arbitration and Conciliation Act 1996. Disputes arose between the parties under an Agreement for Restructuring of debts dated 27th February 2014. By an order dated 26th July 2018, an advocate of this Court was appointed as the sole arbitrator. The arbitrator entered upon the reference to his arbitration shortly thereafter, and the matter proceeded before him.

13th February 2020

929-CARBP222-20-I.DOC 2.

The original arbitral mandate was extended for six months by mutual consent. The extended arbitral mandate ended on 30th January 2020. The arbitral proceedings have reached the stage of filing evidence.

3.

Having regard to these circumstances, I am extending the arbitral mandate from 30th January 2020 until 31st December 2020 to complete the arbitral proceedings.

4.

The petition is disposed of accordingly.

(G. S. PATEL, J) 13th February 2020