M/S Osi Digital Pvt Ltd., v. M/S Sify Technologies Ltd,
A.No.4549 of 2023 A.No.4549 of 2023 ABDUL QUDDHOSE, J.
M/s.OSI Digital Pvt. Ltd., C-23, Guindy Industrial Estate, SIDCO Industrial Estate, Guindy, Chennai, Tamil Nadu - 600 032.
... Applicant Vs.
M/s.SIFY Technologies Ltd., II Floor, TIDEL Park, No.4, Rajiv Gandhi Salai, Taramani, Chennai - 600 113, India.
... Respondent 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. Mr.Madhan Babu, learned counsel for the respondent appearing through Video Conferencing has no objection for allowing this application. He also submits that sufficient time may be granted for the Arbitrator to pronounce the Arbitral Award since earlier, the Arbitrator had attempted for mediation between the parties.
https://www.mhc.tn.gov.in/judis
A.No.4549 of 2023 ABDUL QUDDHOSE, J.
Sni
3. This Court has perused and examined the contents of the affidavit filed in support of the application and is satisfied with the reasons contained therein.
4. No prejudice would be caused, if six months time is granted for the Arbitrator to pronounce the Arbitral Award.
5. For the foregoing reasons, this Application is allowed as prayed for, by directing the Arbitrator to pronounce the Arbitral Award, within a period of six (6) months from the date of receipt of a copy of this order. 01.09.2023 Sni A.No.4549 of 2023 https://www.mhc.tn.gov.in/judis