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Calcutta High CourtAP-COM/724/2024allowed

National Plasto Products Private Limited v. The New India Assurance Company Limited

2024-09-18Hon'Ble Justice Sabyasachi Bhattacharyya1 pages

OCD 15 ORDER SHEET AP-COM/724/2024

IN THE HIGH COURT AT CALCUTTA

ORDINARY ORIGINAL CIVIL JURISDICTION COMMERCIAL DIVISION NATIONAL PLASTO PRODUCTS PRIVATE LIMITED VS THE NEW INDIA ASSURANCE COMPANY LIMITED

BEFORE:

The Hon'ble JUSTICE SABYASACHI BHATTACHARYYA Date: 18th September, 2024.

Appearance:

Mr. Swatarup Banerjee, Adv.

Mr. Sariful Haque, Adv.

Mr. Rajib Mullick, Adv.

Mr. Biswaroop Ghosh, Adv.

. . .for the petitioner.

Mr. Ishan Saha, Adv.

. . .for the respondent.

The Court: Heard learned counsel for the parties. The extended mandate expired on July 29, 2024. It is submitted that the hearing of the respondent in the arbitral proceeding is on the verge of conclusion. Keeping in view the materials before the Tribunal and the stage of the arbitral proceedings, AP-COM 724 of 2024 is allowed, thereby extending the mandate of the Arbitral Tribunal till March 31, 2025. It shall be deemed that the said extension shall operate from the date when the mandate expired.

(SABYASACHI BHATTACHARYYA, J.) SP/