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Madras High CourtA/4684/2023allowed

M/S.Scientific Security Management Services Pvt Ltd v. M/S.Financial Software And Systems Pvt Ltd

2023-09-15Honourable Mr Justice Abdul Quddhose2 pages

Application No.4684 of 2023 ABDUL QUDDHOSE, J.

M/s.Scientific Security Management Services (P) Limited, rep. by its Director Satyender Singh .. Applicant vs 1.M/s.Financial Software and Systems (P) Limited, Thane West.

2.M/s.Financial Software and Systems (P) Limited, Adyar, Chennai.

.. Respondents This application has been filed under Section 29-A of the Arbitration and Conciliation Act, 1996 seeking for extension of time for the Arbitrator to pronounce an Arbitral Award for a further period of three months. 2.Learned counsel for the respondents has not raised any serious objection for allowing this application.

3.This Court is also satisfied with the reasons stated in the affidavit filed in support of this application.

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ABDUL QUDDHOSE, J.

vga 4.Accordingly, this application is allowed as prayed for by directing the Arbitrator to pass an Arbitral Award within a period of three months from the date of receipt of a copy of this order. 5.Mr.P.S.Sashank, learned counsel representing M/s.R&P Partners, undertakes to file vakalat on behalf of the respondents. Registry is directed to print his name, while issuing order copy to both the parties. 15.09.2023 vga Application No.4684 of 2023 https://www.mhc.tn.gov.in/judis