Indian Commodities Div Of Suvidh Commodities E Com Pvt Ltd v. Ratnakar Bank Limited

13-CARBP-607-2025.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION IN ITS COMMERCIAL DIVISION COMMERCIAL ARBITRATION PETITION NO. 607 OF 2025 Indian Commodities Div of Suvidh Commodities E Com Pvt Ltd

...Petitioner

Versus

Ratnakar Bank Limited

...Respondent

Mr. Vyom Shah, i/b Shardul S. Pendse, for the Petitioner. Ms. Bijal Gogri, i/b GNP Legal, for Respondent.

CORAM

: SOMASEKHAR SUNDARESAN, J.

DATE : JULY 24, 2025 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 expired on June 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 six 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 July 24, 2025 Ashwini Vallakati

13-CARBP-607-2025.doc disposed of extending the mandate of the Arbitral Tribunal for a period of six months i.e. 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.] July 24, 2025 Ashwini Vallakati