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Madras High CourtA/1570/2023allowed

M/S Era Infra Engineering Ltd. (Eiel), Through Its Resolution Professional, Mr.Rajiv Chakraborthy, v. Bharat Heavy Electricals Limited

2023-07-04Honourable Mr Justice Abdul Quddhose3 pages

ABDUL QUDDHOSE, J.

This application has been filed under section 29A of the Arbitration and Conciliation Act seeking for extension of time for the Arbitral Tribunal to pass an arbitral award.

2. There seems to be a dispute between the applicant and the respondent in respect of a contract. The parties have already referred the dispute to arbitration and an arbitral tribunal has been constituted. Both the counsels submit that the pleadings are complete before the arbitral tribunal and issues will have to be framed and thereafter, trial will have to be commenced. Hence, the claimant has filed this application under section 29A of the Arbitration and Conciliation Act seeking for extension.

3. Learned counsel for the respondent has also not raised any objection for allowing this application, provided a direction is given to the arbitral tribunal to pass an arbitral award within a specified time.

4. Counter has also not been filed by the respondent. 1/3

5. This Court has also perused the affidavit filed in support of this application and is satisfied with the reasons for seeking extension of time for the pronouncement of the arbitral award by the arbitral tribunal.

6. For the foregoing reasons, this application is allowed as prayed for. The Arbitral Tribunal is directed to pass an arbitral award within a period of eight months from the date of receipt of a copy of this Order. 04.07.2023 nl 2/3

ABDUL QUDDHOSE, J.

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