M/S.Era Infra Engineering Ltd. (Eiel) v. Bharat Heavy Electricals Limited
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 arguments have already been submitted by the respective parties and the matter has been reserved for pronouncement of an arbitral award. Since the period for pronouncement of the arbitral award as per the provisions of the statute has already got expired, 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. 1/3
4. Counter has also not been filed by the respondent.
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 three months from the date of receipt of a copy of this Order. 04.07.2023 nl 2/3
ABDUL QUDDHOSE, J.
nl 04.07.2023 3/3