Innov8 Workspaces India Limited v. Dipika Silks Mills Private Limited

1-CARBP-472-2025.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION Digitally signed by CHAITANYA ASHOK JADHAV Date:

2026.02.25 11:32:07 +0530 CHAITANYA ASHOK JADHAV IN ITS COMMERCIAL DIVISION COMMERCIAL ARBITRATION PETITION NO. 472 OF 2025 Innov8 Workspaces India Limited

...Petitioner

Versus

Dipika Silks Mills Private Limited and Anr.

...Respondents

Adv. Adihi Shrivastava (through Video-Conferencing) i/b DMD Advocates, for the Petitioner.

Adv. Mansi Kaku, for Respondents.

CORAM

: SOMASEKHAR SUNDARESAN, J.

DATE : FEBRUARY 23, 2026 ORDER :

1.

This is a Petition under Section 29-A of the Arbitration and Conciliation Act, 1996, seeking an extension of mandate of the Arbitral Tribunal, which is scheduled to be expired on March 18, 2026. 2.

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

3.

In these circumstances, taking into account the stage at February 23, 2026 Chaitanya

1-CARBP-472-2025.doc which the Arbitral proceedings are placed, this Petition is finally disposed of extending the mandate of the Arbitral Tribunal for a period of 12 months i.e. until February 28, 2027.

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 23, 2026 Chaitanya