Ayush Sales Pvt. Ltd. v. National Spot Exchange Ltd.

907-arbpl319-18 vai

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION ARBITRATION PETITION (LODGING) NO.319 OF 2018 Ayush Sales Pvt. Ltd.

...Petitioner

V/s.

National Spot Exchange Limited

...Respondent

Ms.Neha Mehta for the Petitioner.

Mr.Ajay Basutkar for the Respondent.

CORAM : R.D. DHANUKA, J.

DATE : 28TH MARCH, 2018.

P.C. :- 1.

The 18 months period is expiring on 17th April, 2018. The claimants before the learned arbitrator have already concluded their arguments. The argument of the respondent before the learned arbitrator had to begin.

2.

The time to make an award is extended by three months from 18th April, 2018. It is made clear that no further extension of time would be granted. The parties are directed to co-operate with each other and also with the learned arbitrator in rendering the award within the extended period.

3.

The parties are directed to convey this order to the learned 1/2

907-arbpl319-18 arbitrator for compliance.

4.

The arbitration petition is disposed of in aforesaid terms. No order as to costs.

(R.D. DHANUKA, J.) 2/2