Supreme Best Value Kolhapur v. The State Of Maharashtra Through The Secretary (Roads)

1 902-arbpl 1270-19 pvr

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION ARBITRATION PETITION (L.) NO.1270 OF 2019 Supreme Best Value Kolhapur ..Petitioner Vs.

The State of Maharashtra ..Respondent ----- Ms.Sneha Patil i/b. Maniar Srivastava Associates for Petitioner. Ms.Trisha Sarkar with Ms.Ketaki Deshpande i/b. DSK Legal for Respondent.

----- CORAM : G.S. KULKARNI, J.

DATE : 22nd OCTOBER, 2019 P.C.:

This is a petition filed under Section 29A of the Arbitration and Conciliation Act, 1996 whereby the petitioner has prayed for extension of time for a period of twelve months, to enable the arbitral tribunal to complete the arbitral proceedings and publish an award. It is submitted that the evidence is in progress and soon the parties would proceed for final arguments.

2.

Having perused the averments in the petition, though it is a longer period, the mandate of the arbitral tribunal to conclude the arbitral proceedings and publish an award is required to be extended. Accordingly, the mandate of the arbitral tribunal is extended for 12 months. The arbitral tribunal shall make an endeavour to conclude the arbitral proceedings, considering the fact that the arbitral tribunal has entered the reference on 1 December 2017 and already a period of two years has expired.

3.

Disposed of. No costs.

[G.S. KULKARNI, J.]