Mlr Auto Private Limited v. Indusind Bank Limited

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 19-12-2025

CORAM

THE HONOURABLE Mr. JUSTICE N. ANAND VENKATESH A.No.6289 of 2025 MLR Auto Private Limited Rep. by its Director Mr.Sundeep Chhabra 41/1a, Ida Balanagar, Hyderabad Telangana - 500 037 Applicant(s) Vs Indusind Bank Limited Rep. by Senior Vice President New No.34, Old No.115-16, G.N.Chetty Road T.Nagar, Chennai - 600 017 Respondent(s) PRAYER To allow the present application and extend the mandate of the arbitral tribunal by a period of four months under Section 29A(5) of the Arbitration and Conciliation Act, 1996.

For Applicant(s):

Mr.M.S.Seshadri For Respondent(s):

Mr.S.R.Sundar

ORDER

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

https://www.mhc.tn.gov.in/judis

N. ANAND VENKATESH, J.

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2. Heard both sides.

3. It is brought to the notice of this Court that the arbitration proceedings is at the stage of final arguments. Hence, considering the stage of the proceedings and after hearing both sides, the period is extended by three months from the date of receipt of a copy of this order. This application is disposed of in the above terms. 19.12.2025 gya A.No.6289 of 2025 https://www.mhc.tn.gov.in/judis