Rika Global Impex Limited v. Surya Mitra Traders Prop Maheshwar Rao

12.ARBP.115.2024.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION ARBITRATION PETITION NO.115 OF 2024 Rika Global Impex Limited

...Petitioner

Versus

Surya Mitra Traders Prop.

Maheshwar Rao

...Respondent

Mr. Madhukar Gadge a/w. V.P. Verma, Advocates for Petitioner. None for the Respondent.

CORAM: SOMASEKHAR SUNDARESAN, J.

DATE : FEBRUARY 10, 2025 P. C.

1.

This is a Petition under Section 29-A of the Arbitration and Conciliation Act, 1996, seeking an extension of mandate of the Arbitral Tribunal, which expired on March 31, 2023.

2.

This Petition appears to have been affirmed on August 18, 2023. 3.

Learned Counsel for the Petitioner submits minutes of the meeting held before the arbitral tribunal on February 4, 2025, whereby both sides had assured the Learned Arbitrator that they have consent to the extension of time and that they would appear today seeking extension.

4.

Although, Learned Counsel for the Respondent is not present, in view of the minutes of the 24th meeting held before the Learned Arbitral by AARTI GAJANAN PALKAR Date:

2025.02.11 10:49:24 +0530 Tribunal on February 4, 2025, this Petition is finally disposed of by AARTI GAJANAN PALKAR FEBRUARY 10, 2025 Aarti Palkar

12.ARBP.115.2024.doc extending the mandate of the Arbitral Tribunal for a period of six months i.e. until August 9, 2025.

5.

All actions required to be taken pursuant to this order shall be taken upon receipt of a downloaded copy as available on this Court's website.

[ SOMASEKHAR SUNDARESAN, J.] FEBRUARY 10, 2025 Aarti Palkar