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Bombay High CourtCOARP/13/2025disposed off

Prashant Premshankar Dwivedi Sole Proprietor Of Ms Prathamesh Petroleum v. Hindustan Petroleum Corporation Ltd

2025-02-26Hon'Ble Shri Justice Somasekhar Sundaresan1 pages

516-COARP-13-2025.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

CIVIL APPELLATE JURISDICTION COMM. ARBITRATION PETITION NO. 13 OF 2025 Digitally signed by SHRADDHA KAMLESH TALEKAR Date:

2025.03.04 15:50:04 +0530 SHRADDHA KAMLESH TALEKAR PRASHANT PREMSHANKAR DWIVEDI SOLE PROPRIETOR OF M/s. PRATHAMESH PETROLEUM

...Petitioner

Versus

HINDUSTAN PETROLEUM CORPORATION LTD.

...Respondent

Mr. Prabhakar M. Jadhav a/w. Suchita Chavan, for Petitioner. Mr. S.R. Page a/w. Archana Joglekar, for Respondent. CORAM : SOMASEKHAR SUNDARESAN, J.

Date : February 26, 2025 P. C.

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 December 31, 2024 . 2.

Today, when the matter is called out, Learned Counsel for the parties submit that this would be the second extension, and jointly request for an extension of mandate until December 31, 2025, 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 extending the mandate of the Arbitral Tribunal, until December 31, 2025. 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.] February 26, 2025 Shraddha