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Madras High CourtA/5791/2025ordered

M/S.Soundaraja Mills Ltd., v. M/S.Nimbark Fashions Limited

2025-11-28Honourable Mr Justice N. Anand Venkatesh4 pages

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 28-11-2025

CORAM

THE HONOURABLE MR JUSTICE N. ANAND VENKATESH M/s.Soundaraja Mills Ltd., Rep by its M.D.Mr.Kiran Ranjit Soundarrajan, Soundarraja Buildings, G.T.N.Salai, Dindigul - 624 005.

Applicant(s) Vs M/s.Nimbark Fashions Limited Rep by its Authorised Signatory, Mr.Manish Bang, No.1006, Windfall, Sahar Plaza, J.B.Nagar, Andheri kurla road, Andheri East, Mumbai - 400 059.

Respondent(s) PRAYER To grant extension of mandate of Arbitration pending before the learned Arbitrator in respect of dispute which arose out of the BUY BACK Agreement dated 01.07.2021 between the Application and the Respondents herein for a further period of 6 months from the date of order. For Applicant(s):

Mr.R.Swarnavel

For Respondent:

Ms.R.Madumitha

ORDER

This application has been filed under Section 29A of the Arbitration and Conciliation Act, 1996 seeking for extension of the mandate of the Arbitral Tribunal to complete the arbitration proceedings.

2. Heard both sides.

3. It is brought to the notice of this Court that the arbitral proceedings are at the stage of arguments. Hence, considering the submissions made on either side, this Court is inclined to extend the mandate of the Arbitral Tribunal for a period of three months from today.

4. This application is disposed of in the above terms. 28-11-2025

ss

N.ANAND VENKATESH J.

ss 28-11-2025