Mahyco Monsanto Biotech (India) Pvt. Ltd. v. Pravardhan Seeds Pvt. Ltd.

909-carbpl443-18 vai

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION IN ITS COMMERCIAL JURISDICTION COMMERCIAL ARBITRATION PETITION (LDG.) NO.443 OF 2018 Mahyco Monsanto Biotech (I) Pvt. Ltd.

...Petitioner

V/s.

Pravardhan Seeds Pvt. Ltd.

...Respondent

Ms.Shreya Gupta i/b Bharucha & Partners for the Petitioner. Ms.Fatema Kachwalla i/b J.Sagar Associates for the Respondent. CORAM : R.D. DHANUKA, J.

DATE : 20TH APRIL, 2018.

P.C. :- 1.

Learned counsel appearing for the parties state that 18 months period has expired on 19th 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 arbitral tribunal in making an award within the extended period. The statement is accepted. 2.

The time to make an award is extended from 20th April, 2018 till 20th October, 2018. It is made clear that no further extension would be granted.

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909-carbpl443-18 3.

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

4.

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

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