Inspirisys Solutions Ltd. v. Central Railway

by VIDYA SURESH AMIN Date:

2022.07.08 18:18:40 +0530 VIDYA SURESH AMIN 904.CARBP222_2022.doc Vidya Amin

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION COMMERCIAL ARBITRATION PETITION NO. 222 OF 2022 Inspirisys Solutions Ltd.

.. Petitioner Vs.

Central Railways .. Respondent Mr. Bimal Rajasekhar for the petitioner.

Mr. J.S. Saluja with Ms. Raveen Kaur for the respondent. CORAM : G.S. KULKARNI, J.

DATE : JULY 7, 2022.

P.C.:

1.

By consent of the parties, this petition filed under section 29A of the Arbitration and Conciliation Act, 1996 stands disposed of by the following order:

(i) The parties have agreed for constitution of the arbitral tribunal in the following manner:

a) Mr. Shahzad Shah b) Mr. A.K. Mittal c) Mr. R.C. Boolchandani (ii) The mandate of the arbitral tribunal is extended for a period of eight months from today.

(iii) The parties shall appear before the learned arbitral tribunal within 10 days from today on a date which may be mutually fixed by the learned arbitrator.

(iv) Needless to observe that all the proceedings which were

904.CARBP222_2022.doc placed before the erstwhile arbitral tribunal shall be made available by the claimants before the newly appointed arbitral tribunal.

(v) It is expected that within the extended period, the arbitral tribunal shall conclude the proceedings, so that further extension is not called for.

(vi) The parties are directed to cooperate in the early disposal of the arbitral proceedings.

(vii) All contentions of the parties are expressly kept open. 2.

Considering the prior background of the matter, the arbitral tribunal would take up the arbitral proceedings and make an endeavour to dispose of the arbitral proceedings as expeditiously as possible, without the constitution of the arbitral tribunal being required to be changed.

3.

Disposed of. No costs.

[G.S. KULKARNI, J.]