Cwe Soma Consortium v. Municipal Corporation Of Gr.Mumbai
by VIDYA SURESH AMIN Date:
2022.05.04 18:31:26 +0530 VIDYA SURESH AMIN 501.CARBP196_2022.doc Vidya Amin
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION COMMERCIAL ARBITRATION PETITION NO. 196 OF 2022 CWE Soma Consortium .. Petitioner Vs.
Municipal Corporation of Greater Mumbai .. Respondent Ms. Trisha Ranka h/f. Prerak Choudhary for the petitioner. Mr. Awais Ahmedji i/b. Trupti Puranik for the respondent. CORAM : G.S. KULKARNI, J.
DATE : MAY 2, 2022.
P.C.:
1.
Not on board, Upon mentioning, taken on board on a praecipe as moved on behalf of the petitioner.
2.
This is a petition filed under Section 29A of the Arbitration and Conciliation Act, 1996 (for short, "the Act") praying that the mandate of the arbitral tribunal to conclude the arbitral proceedings be extended for a period of one year. The parties agree that within such extended time, efforts would be made to conclude the arbitral proceedings so that no further extension would be required to be sought for. 3.
In the facts and circumstances of the case, it is in the interest of justice that the time for the arbitral tribunal to conclude the arbitral proceedings and make an award is further extended by a period of one year from 31 March, 2022.
4.
The petition is disposed of in the above terms. No costs. [G.S. KULKARNI, J.]