Indusind Bank Limited v. Mlr Auto Limited

Application No.1998 of 2026

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 03-06-2026

CORAM

THE HON'BLE MR.JUSTICE K.KUMARESH BABU Application No.1998 of 2026 Indusind Bank Limited.

New No.34, Old No.115-116, G.N.Chetty Road, T.Nagar, Chennai - 600 017.

Rep by Authorized Representative, Ms.M.Niranjana, Executive Legal ..Applicant Vs MLR Auto Limited, 41/1A, IDA Balanagar, Hyderabad, Telangana - 500 037.

..Respondent PRAYER : Application filed under Order XIV Rule 8 of Original Side Rules r/w Section 29A(5) of the Arbitration and Conciliation Act, 1996 to allow the present application by extending the mandate of the Hon'ble Tribunal by a period of three (3) months as specified in Section 29 A (5) of the Arbitration and Conciliation Act, 1996.

For Applicant :

Mr.K.Moorthy For Respondent :

Mr.S.Seshadri __________ https://www.mhc.tn.gov.in/judis

Application No.1998 of 2026 K.KUMARESH BABU, J.

vji

O R D E R

The present application had been taken out by the applicant herein to seek extension of mandate for a further period of three (3) months.

2. The learned counsel for the respondent has no objection to extend the mandate.

3. Considering the stage on which the arbitral proceedings are at, this Court is inclined to extend the mandate for a further period of three (3) months from the date of receipt of a copy of this order. The learned Arbitrator is requested to complete the proceedings and pass an Award within the said period of three (3) months and the respective parties are also directed to co-operate with the learned Arbitrator.

4. This application is disposed of in the above terms. 03-06-2026 vji Application No.1998 of 2026 __________ https://www.mhc.tn.gov.in/judis