Konarak Enterprise v. Aloka Engineering Works
OD-2
IN THE HIGH COURT AT CALCUTTA
Ordinary Original Civil Jurisdiction ORIGINAL SIDE AP-COM/794/2024 KONARAK ENTERPRISE VS ALOKA ENGINEERING WORKS
BEFORE:
The Hon'ble JUSTICE RAVI KRISHAN KAPUR Date : 17th September, 2024.
Appearance :
Mr. Subhabrata Dutta , Adv.
Mr. Aranya Saha, Adv.
...for petitioner.
Mr. Shaunak Ghosh, Adv.
Mr. Rajib Mullick, Adv.
Ms. Shreyashi Maity, Adv.
...for respondent.
The Court : This is an application under Section 29A(5) of the Arbitration and Conciliation Act, 1996.
It is submitted on behalf of the petitioner that for the unavoidable reasons the Arbitral Tribunal was unable to conclude the arbitral proceedings within the stipulated time period. Accordingly, the petitioner prays for extension of the mandate of the Arbitral Tribunal to conclude the proceedings and pass the final award. The respondent is represented and does not object to the prayer for extension.
I have considered the submissions made on behalf of the parties I am satisfied that there is sufficient cause and cogent grounds as to
why the Tribunal has been unable to conclude the proceedings within the stipulated time period.
In view of the above, there will be an order in terms of prayer (a) of the Notice of Motion.
The mandate of the Arbitral Tribunal stands extended by one year from the date of communication of the order to the Sole Arbitrator.
With the above directions, AP-COM/794/2024 stands disposed of.
(RAVI KRISHAN KAPUR, J.) SN/nm.