M/S. Goyal Mg Gases Pvt Ltd., v. M/S.Sagar Power Ltd., Registered Office At
A.Nos.7697 & 7698 of 2019 in OP.No.70 of 2016 PUSHPA SATHYANARAYANA, J.
This is an application seeking extension of time for passing of award by the Arbitral Tribunal for a further period of one year.
2. This Court, vide order dated 21.06.2016 in O.P.No.70 of 2016, had appointed Hon'ble Mr.Justice R.S.Ramanathan, a retired Judge of this Court as Sole Arbitrator to adjudicate upon the disputes between the petitioner and the respondent. It is stated that if extension of time is granted for holding some more sittings, the arguments would be completed and the Arbitral Tribunal shall pass its final award. Since the mandate of the Tribunal has expired, the present application has been filed.
3.
Heard both sides.
4.
With the consent of both learned counsel, time is extended by twelve months from the date of receipt of a copy of this http://www.judis.nic.in
PUSHPA SATHYANARAYANA.J dpq order for completion of the Arbitral proceedings and for passing the award. The parties are directed to co-operate with the Arbitrator for passing of the order as expeditiously as possible. 5.
Accordingly, this application stands ordered. 17.10.2019 dpq A.Nos.7697 & 7698 of 2019 in OP.No.70 of 2016 http://www.judis.nic.in