Sujay Senthil v. Coramandel Engineering Company Ltd, Through Its Managing Director
Application No.4479 of 2023 ABDUL QUDDHOSE, J.
1.Sujay Senthil 2.Siranjeevi Saravanan 3.Varahamurthy Ventures Private Limited .. Applicants vs Coromandel Engineering Company Ltd., Through its Managing Director .. Respondent This application has been filed under Section 29-A of the Arbitration and Conciliation Act, 1996 seeking for extension of time for the Arbitral Tribunal to pronounce an Arbitral Award.
2.As seen from the affidavit filed in support of this application, the Arbitration is in the argument stage. It is also noted that when the matter was posted for arguments before the Arbitrator, an Application has been taken out by the respondent to re-open and re-call its witnesses. The applicant seeks for extension of six months time for the Arbitrator to pronounce the Arbitral Award.
3.Learned counsel for the respondent has no objection if six months time is granted for the Arbitrator to pronounce the Arbitral Award. https://www.mhc.tn.gov.in/judis
ABDUL QUDDHOSE, J.
vga 4.This Court is satisfied with the reasons stated in the affidavit filed in support of this application.
5.Accordingly, this application is allowed as prayed for by extending the time for the Arbitral Tribunal to pronounce the Arbitral Award by another period of six months from the date of receipt of a copy of this order. 12.09.2023 vga Application No.4479 of 2023 https://www.mhc.tn.gov.in/judis