M/S.The Waterbase Limited v. M/S.Rising Tide

A. No.4326 of 2023 ABDUL QUDDHOSE, J.

M/s.The Waterbase Limited, rep. by its Authorised Signatory R.Sureshkumar ... Applicant Vs.

1.M/s.Rising Tide through its Partner Rohan Daniel Mukherjee 2.Rohan Daniel Mukherjee 3.Arnab Daniel Mukherjee ... Respondents This application has been filed under Section 29A of the Arbitration and Conciliation Act, 1996 seeking for extension of time for the Arbitral Tribunal to pronounce the Arbitral Award. 2.Learned counsel for the respondents has not raised any serious objection for allowing this application. However, with regard to the contentions raised by the applicant in the affidavit filed in support of this application, he would submit the respondents are having objection. https://www.mhc.tn.gov.in/judis 1/2

ABDUL QUDDHOSE, J.

vga 3.Without going into the said contentions and without prejudice to the rights of the respondents with regard to those contentions, this Court is inclined to allow this application as prayed for. 4.This Court is also satisfied with the reasons given by the applicant for seeking extension for the Arbitral Tribunal to pronounce an Arbitral Award.

5.For the foregoing reasons, this application is allowed as prayed for without prejudice to the rights of the respondents to raise objections before the Arbitral Tribunal with regard to the contentions raised by the applicant against the respondents in this application. The Arbitral Tribunal is directed to complete the Arbitration and pronounce an Arbitral Award on or before 28.02.2024.

07.09.2023 vga A. No.4326 of 2023 https://www.mhc.tn.gov.in/judis 2/2