Sambhaji Popatrao Jagtap Proprietor Of M S Jagtap Associates v. Bank Of Maharashtra

7.ARP.15.2025.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

CIVIL APPELLATE JURISDICTION ARBITRATION PETITION NO.15 OF 2025 Sambhaji Popatrao Jagtap Proprietor of M.S. Jagtap Associates

...Petitioner

Versus

Bank of Maharashtra

...Respondent

Ms Ruchi Bagwe i/b. Kay Legal & Associates, Advocate for Respondent. CORAM: SOMASEKHAR SUNDARESAN, J.

DATE : JANUARY 17, 2025 PC :

1.

This matter has been listed today under the auto-listing system. 2.

Today, when the matter is called out, Learned Counsel for the parties jointly submit that this is a Petition under Section 29-A of the Arbitration and Conciliation Act, 1996 seeking a second extension of the mandate of the arbitral tribunal. They have consensus on requesting for extension of the mandate of the arbitral tribunal by six months, to enable completion of the arbitration proceedings. 3.

Taking into account the consensus between the parties, the mandate of the arbitral tribunal is extended by a period of six months from today i.e. until July 16, 2025.

Digitally signed by AARTI GAJANAN PALKAR Date:

2025.01.20 11:16:36 +0530 AARTI GAJANAN PALKAR JANUARY 17, 2025 Aarti Palkar

7.ARP.15.2025.doc 4.

The Petition is finally disposed of in the aforesaid terms. 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.] JANUARY 17, 2025 Aarti Palkar