M/S Cornerstone Construction Limited v. M/S Central Institute Of Petrochemicals Engineering And Technology

A.No.2208 of 2024 KRISHNAN RAMASAMY, J.

This application has been filed to extend the time limit for completion of arbitration proceedings.

2. The learned counsel for the applicant would submit that the Mandate of the learned Arbitrator was expired on 27.12.2023 and hence, he requests this Court to extend the same.

3. The learned counsel for the respondent would submit that he has no objection in allowing this application.

4.

Being satisfied with the submissions made by the learned counsel on both sides, this Court is inclined to grant extension of time for a period of 6 months. Thus, the learned Arbitrator is directed to complete the Arbitration proceedings within a period of 6 months from the date of receipt of copy of this order.

5. Accordingly, this application is allowed.

24.04.2024 nsa https://www.mhc.tn.gov.in/judis