Polimer Media Private Limited v. Tam Media Research Private Ltd.

502-arbpl415-18 vai

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION ARBITRATION PETITION (LODGING) NO.415 OF 2018 Polimer Media Pvt. Ltd.

...Petitioner

V/s.

TAM Media Research Pvt. Ltd.

...Respondent

Mr.Nikunj Mehta i/b Ashok Purohit & Co. for the Petitioner. Mr.Gaurav Mehta i/b Mr.Bimal Bhabhda for the Respondent. CORAM : R.D. DHANUKA, J.

DATE : 20TH APRIL, 2018.

P.C. :- 1.

The papers are allowed to be produced at 3:00 p.m. 2.

Learned counsel appearing for the parties state that 18 months have expired on 16th April, 2018. The arbitral proceedings are at the arguments stage. Learned counsel for both the parties state that they would not seek any unnecessary adjournment before the arbitral tribunal and they would co-operate with each other and also with the learned arbitrator in making an award within the extended period. The statement is accepted.

3.

Learned arbitrator is granted three months time to make an award with effect from 17th April, 2018. It is made clear that no further extension would be granted.

1/2

502-arbpl415-18 4.

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

5.

The parties are directed to convey this order to the learned arbitrator for compliance.

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