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Madras High CourtA/2870/2023allowed

M/S Mse Industries, v. M/S Bharat Heavy Electricals Ltd.,

2023-07-14Honourable Mr Justice Abdul Quddhose3 pages

M/s.MSE Industries .... Applicants Vs.

M/s.Bharat Heavy Electricals Ltd., ..... Respondent ABDUL QUDDHOSE, J., This application has been filed under Section 29(A) of Arbitration and Conciliation Act, 1996 seeking for extension of time for the Arbitral Tribunal to pronounce an Arbitral Award.

2. The period of one year has already come to an end. It is brought to the notice of this Court by both counsels that trial has already been completed. The applicant seeks three months time for the Arbitral Tribunal to pass an Arbitral Award, subsequent to hearing the arguments of both the parties.

3. The learned counsel for the respondent has no serious objections for allowing this application.

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4. Accordingly, this Court is allowing this application as prayed for by directing the Arbitral Tribunal to pass an Arbitral Award in the dispute between the applicant and the respondent within three months from the date of receipt of a copy of this order. 14.07.2023 ms 2/3

ABDUL QUDDHOSE, J.

ms 14.07.2023 3/3