Prism Jihnson Limited v. Gannon Dunkerly And Co Ltd

12.CARBP.58.2025.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION COMMERCIAL ARBITRATION PETITION NO.58 OF 2025 M/s. Prism Johnson Limited

...Petitioner

Versus

Gannon Dunkerley & Co. Ltd.

...Respondent

Mr. Pradeep Bakhru a/w. Mr. Kaizad Dalal i/b. Wadia Ghandy & Co., Advocate for Petitioner.

Mr. Vyom Shah a/w. Mr. Anand Iyer i/b. Divya Shah Associates, Advocate for Petitioner.

CORAM: SOMASEKHAR SUNDARESAN, J.

DATE : JANUARY 21, 2025 PC :

1.

Advocates for the Respondent are at liberty to file Vakalatnama since there has been a delay in filing the same. 2.

This Petition has been filed under Section 29-A of the Arbitration and Conciliation Act, 1996 ("the Act"), seeking extension of the mandate of the arbitral tribunal by a period of three months pursuant to an e-mail dated December 3, 2024 from the arbitral tribunal to the parties, requesting them to seek such extension. The mandate of the arbitral tribunal had expired on December 15, 2024. by AARTI GAJANAN PALKAR Date:

2025.01.23 14:50:47 +0530 AARTI GAJANAN PALKAR JANUARY 21, 2025 Aarti Palkar

12.CARBP.58.2025.doc 3.

Today, when the matter is called out, Learned Counsel for the parties jointly submit that the proceeding had been divided into two stages, and depending on the outcome on the first stage, the tribunal may or may not have to deal with the second stage of the proceeding. 4.

In these circumstances, at this stage, the mandate of the arbitral tribunal is extended by a period of three months from today i.e. until April 20, 2025.

5.

The Petition is finally disposed of in the aforesaid terms. 6.

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.] JANUARY 21, 2025 Aarti Palkar