Shakti Enterprise v. Suresh Gurubuxsingh Wadhwa And ANR

1 907carbpl1277-19 pvr

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION COMMERCIAL ARBITRATION PETITION (L.) NO. 1277 OF 2019 Shakti Enterprise ..Petitioner Vs.

1.Suresh Gurubuxsingh Wadhwa & Anr.

..Respondents ----- Mr.Garima Agarwal, Ms.Tejaswi Sarvaiya i/b. Wadia Ghandy & Co., for Petitioner.

Mr.Mani Thevar i/b. Mahesh Menon & Co., for Respondents. ----- CORAM : G.S. KULKARNI, J.

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

1.

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 one month, to enable the arbitral tribunal to complete the arbitral proceedings and publish an award. It is informed that the arbitral tribunal is now proceeding to publish an award. 2.

Having perused the averments in the petition, 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 by a period of six weeks from today. The arbitral tribunal shall make an endeavour to conclude the arbitral proceedings.

3.

Disposed of. No costs.

[G.S. KULKARNI, J.]