Megaspace It Solutions Pvt Ltd And Another v. Stesalit Systems Ltd

OD-9 ORDER SHEET

IN THE HIGH COURT AT CALCUTTA

ORDINARY ORIGINAL CIVIL JURISDICTION ORIGINAL SIDE AP/102/2026 MEGASPACE IT SOLUTIONS PVT LTD AND ANOTHER VS STESALIT SYSTEMS LTD

BEFORE:

The Hon'ble JUSTICE GAURANG KANTH Date : 23rd June, 2026.

Appearance Mr. Malay Dhar, Adv.

Mr. Bhaskar Sengupta, Adv.

Mr. Ratul Ghosh, Adv.

...for the petitioners Mr. Dyutiman Banerjee, Adv.

Ms. M. Das, Adv.

Mr. Aman Gupta, Adv.

Mr. Debjit Dutta, Adv.

...for the respondent The Court: Affidavit of service is taken on record. The petitioner has preferred the present petition under Section 29A of the Arbitration and Conciliation Act, 1996 seeking extension of the mandate of the arbitral tribunal for conclusion of the arbitral proceedings and publication of the arbitral award.

Learned Senior Counsel for the petitioner submits that this Court vide order dated 18.07.2023 had appointed a sole arbitrator to adjudicate the disputes between the parties. The pleadings were completed on 22.11.2023. With the consent of the parties the mandate of the arbitral tribunal was extended by six months till 22.05.2025. This Court vide order dated 11.06.2025 extended the mandate of the Arbitral Tribunal by one year.

Learned Counsel for the respondent does not have any objection with regard to the maintainability of the application before this Court. He has no objection if the mandate is extended.

Learned Counsel for the petitioner further submits that the matter is presently at the stage of witness action.

Upon consideration of the submissions of the parties and the materials placed on record, this Court is satisfied that there has been no undue and unwarranted delay on the part of the learned sole arbitrator in concluding the proceedings.

Having regard to the advanced stage of the proceedings and in the interest of justice, the mandate of the arbitral tribunal is extended further for a period of six months from today.

The learned sole arbitrator is requested to make all reasonable endeavours to conclude the arbitral proceedings and publish the arbitral award within the extended time period.

With the aforesaid observations, the present petition stands disposed of.

(GAURANG KANTH, J.) S. Mandi AR(CR)