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Bombay High CourtARBP/1268/2019disposed off

Nagari Nivara Parishad And 5 ORS v. Shatatarka Nagari Nivara Co-Op. Housing Society Ltd. And 6 ORS

2019-09-30Hon'Ble Shri Justice G. S. Kulkarni1 pages

925-arbpl 1167-19 psv

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION ARBITRATION PETITION (L.) NO.1167 OF 2019 Nagari Nivara Parishad & Ors.

..Petitioners Vs.

Shatatarka Nagari Nivara Co.Op.Hsg.Soc.Ltd. & Ors. ..Respondents ----- Mr.Swanand Ganoo i/b. Mr.Kunal Damle for Petitioners. Mr.Gaurav Nankar i/b. Mr.Ashish Pawar for Respondents. ----- CORAM : G.S. KULKARNI, J.

DATE : 30th SEPTEMBER, 2019 P.C.:

This is a petition filed under Section 29A of the Arbitration and Conciliation Act, 1996 (for short, "the Act" whereby the petitioner has prayed for extension of time for a further period of three months, to enable the arbitral tribunal to publish an award. It is submitted that award is awaited.

2.

Learned Counsel for the respondent has no objection for the prayers as made in the petition.

3.

Having perused the averments in the petition, the mandate of the arbitral tribunal to conclude the arbitral proceedings and publish an award is extended by a period of three months. 4.

Disposed of. No costs.

[G.S. KULKARNI, J.]