Edelweiss Securities Ltd. v. Oriental Insurance Company Ltd.

ppn 1 907.arbpl-258.18 .doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION ARBITRATION PETITION (L) NO.258 OF 2018 Edelweiss Securities Limited ..

Petitioner Vs.

Oriental Insurance Company Limited ..

Respondent --- Mr.Nasir Ali Rizvi i/by M/s.Dua Associates for the petitioner. Ms.Ruchika Dave i/by Mr.A.S.Vidyarthi for the respondent. --- CORAM : R.D. DHANUKA, J.

DATE : 15th March 2018 P.C.:

.

The arbitral proceedings is at the evidence stage. The petitioner has already concluded its evidence. The respondent has filed affidavit of evidence in lieu of examination-in-chief of the first witness. After expiry of eighteen months, this Court has granted six months by an order dated 21st September 2017.

2.

As and by way of last indulgence, time to make an arbitral award is extended by a period of 6 months. Parties are directed to cooperate with the learned arbitrator for rendering an award within the extended period. It is made clear that no further extension would be granted. The petitioner is directed to convey this order to the learned arbitrator.

3.

Arbitration petition is disposed of. No order as to costs. R.D. DHANUKA, J.