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Bombay High CourtARP/139/2025disposed off

Iref Knowledge Services Private Limited v. Symbiosis Institute Of Management Studies

2025-06-18Hon'Ble Shri Justice Somasekhar Sundaresan2 pages

512.ARP.139.2025.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

CIVIL APPELLATE JURISDICTION ARBITRATION PETITION NO.139 OF 2025 IREF Knowledge Services Private Limited ....Petitioner

Versus

Symbiosis Institute of Management Studies ....Respondent Petitioner was represented, but the appearance has not been given.

Mr. Aakash Joshi, Advocate for the Respondent. CORAM: SOMASEKHAR SUNDARESAN, J.

DATE : JUNE 18, 2025 ORDER :

1.

This is a Petition under Section 29-A of the Arbitration and Conciliation Act, 1996 ("The Act") seeking an extension of mandate of the Arbitral Tribunal, which expired on January 19, 2025. 2.

Today, when the matter is called out, Learned Counsel for the parties jointly request for an extension of mandate by a period of nine months, bearing in mind the stage at which the arbitral proceedings are placed.

3.

In these circumstances, taking into account the stage at which the arbitral proceedings are placed, this Petition is finally disposed of Digitally signed by AARTI GAJANAN PALKAR Date:

2025.06.20 17:50:35 +0530 AARTI GAJANAN PALKAR June 18, 2025 Aarti Palkar

512.ARP.139.2025.doc extending the mandate of the Arbitral Tribunal for a period of nine months rounding it up until March 31, 2026.

4.

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.] June 18, 2025 Aarti Palkar