Shri.Vikrant Kishorbhai Mehta And ORS. v. Hindustan Petroleum Corporation Ltd.

Digitally signed by MUGDHA MANOJ PARANJAPE Date:

2024.06.28 10:31:05 +0530 MUGDHA MANOJ PARANJAPE 1 24-IA 1286-24 in ARA 25-18.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

CIVIL APPELLATE JURISDICTION INTERIM APPLICATION NO.1286 OF 2024 IN ARBITRATION APPEAL NO.25 OF 2018 Shri. Vikrant Kishorbhai Mehta & Ors.

... Applicants V/s.

Hindustan Petroleum Corporation Ltd.

... Respondent ----- Mr. Amey Deshpande for the Applicant.

Mr. S. R. Page a/w Ms. Ruchi Urotkar for the Respondent. ----- CORAM :

ARIF S. DOCTOR, J.

DATE :

27TH JUNE 2024 P.C. :

1.

This is an Application filed under Section 29A of the Arbitration and Conciliation Act, 1996 for extension of the mandate of the Arbitral Tribunal.

2.

The Learned Counsel informed that the mandate of the Tribunal was expired on 12 th December 2023. They submit that the evidence before the Tribunal is closed and the matter is posted for final arguments and passing of the award.

Mugdha

2 24-IA 1286-24 in ARA 25-18.doc 3.

On a perusal of the record, I find that substantiate progress has been made in the arbitral proceedings and there is no delay which is attributable to the arbitral tribunal. Hence, I find that sufficient cause has been made out for granting an extension of time. However, since this is the fourth extension that is sought for, I deem it fit to grant as the last extension only for a period of six months from the date of this order being uploaded. 4.

The parties are directed to cooperate with the arbitral tribunal in ensuring that this time is adhered to.

5.

The captioned Interim Application is thus disposed of in the aforesaid terms.

(ARIF S. DOCTOR, J.) Mugdha