2024 (10) TMI 1393

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..... Ms. Udita Singh, AOR Ms. Sowmya Saikumar, Adv. Mr. Nirav Shah, Adv. Mr. Soumya Ray Chowdhury, Adv. Mr. Bhushan Panse, Adv. Mr. Satyender Saharan, Adv. Mr. Sathvik Chandrashekar, Adv. Mr. Gopal Jain, Sr. Adv. Mr. Raunak Dhillon, Adv. Ms. Isha Malik, Adv. Ms. Niharika Shukla, Adv. M/s. Cyril Amarchand Mangaldas, AOR Mr. Udayaditya Banerjee, Adv. Mr. Samrat Sengupta, Adv. Mr. Siddhant Jaiswal, Adv. Mr. Soumya Dutta, AOR Ms. Pratika Agarwal, Adv. Mr. Siddhant Upmanyu, Adv. Mr. Abhijeet Pandey, Adv. Mr. Rajat Joseph, AOR Mr. Hrishikesh S. Chitaley, Adv. Mr. Vijay Kari Singh, Adv. Mr. Kaustubh D. Kadasne, Adv. Ms. Deeplaxmi Subhash Matwankar, AOR Ms. Rohini Wagh, Adv. Dr. Ravindra Chingale, Adv. Mr. Ravi Kotian, Adv. Ms. Preetika Dwivedi, AOR M....

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....d disposed of. CIVIL APPEAL NO. 10621/2024 It is stated that the learned Arbitrator has expired. We have set aside the impugned judgment, which stated that extension of time under Section 29A of the Arbitration and Conciliation Act, 1996, cannot be granted if a petition is not filed before the expiry of the term/tenure of the Arbitral Tribunal. In view of the judgment dated 12.09.2024, A.P. No. 448/2023, titled "Vrindavan Advisory Services LLP vs. Deep Shambhulal Bhanushali", will stand revived and will be decided by the High Court at Calcutta in accordance with law. We are also informed that the appellant(s) has/have filed an application under Section 9 of the Arbitration and Conciliation Act, 1996, which has been disposed of, grantin....

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.... the matter to the High Court for appointment of a new Arbitrator. Court notice will be issued to the respondent(s) before the appointment of the new Arbitrator. To cut short delay, parties are directed to appear before the High Court on 28.11.2024, when the date of hearing will be fixed. Pending application(s), if any, shall stand disposed of. CIVIL APPEAL NO. 10623/2024 In the present case, we are of the opinion that sufficient and good cause is not shown for extension of time to make and pass/publish his Award. Ex parte arguments were addressed and the Award was reserved for pronouncement on 21.09.2022. Thereafter, the Award was not pronounced and the time came to an end on 01.03.2023. Keeping in view this fact, while we partly al....