Fimf Actors B.V. v. Punjab National Bank

m.carbpl.1458.2018.doc dik

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION IN ITS COMMERCIAL JURISDICTION COMMERCIAL ARBITRATION PETITION (L) NO. 1458 OF 2018 Fimfactors B.V.

...Petitioner

vs Punjab National Bank

...Respondent.

.....

Mr S. Herwade i/b Bharucha & Partners for the Petitioner Ms Prachi Ojha i/b Negandhi Shah & Himayatullah for the Respondent.

.....

CORAM : B.P.COLABAWALLA, J.

NOVEMBER 26, 2018.

P.C. :

Not on board. Mentioned. By consent of parties taken on board.

This Arbitration Petition has been filed under Section 29A of the Arbitration and Conciliation Act, 1996 seeking an extension of time for a period of six months for completion of the arbitration proceedings and passing the award. Learned advocate appearing on behalf of the Respondent has no objection if the time is extended as prayed for in the Petition.

In these circumstances, the time to complete the arbitration proceedings and pass the final award is extended by a period of six months from 6th December, 2018. All parties to act on an Pg 1 of 2

m.carbpl.1458.2018.doc authenticated copy of this order. The Arbitration Petition is disposed of accordingly. No order as to costs.

(B.P.COLABAWALLA, J.) Pg 2 of 2