COLLIERS INTERNATIONAL INDIA PROPERTY SERVICES PRIVATE LIMITED v. PS GROUP REALTY PRIVATELIMITED
AP-COM/1000/2025 · 2026-01-05
Gaurang Kanth
body2025
DailyLaw.ai
[ 2025 DAILYLAW 1241 (CAL) · dailylaw.ai ]
DailyLaw.ai
[ 2025 DAILYLAW 1241 (CAL) · dailylaw.ai ]
Judgment text
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ORDER SHEET OC-14 IN THE HIGH COURT AT CALCUTTA Ordinary Original Civil Jurisdiction Commercial Division ORIGINAL SIDE AP-COM/1000/2025 COLLIERS INTERNATIONAL INDIA PROPERTY SERVICES PRIVATE LIMITED VS PS GROUP REALTY PRIVATELIMITED
BEFORE:
The Hon'ble JUSTICE GAURANG KANTH Date :5thJanuary, 2026.
APPEARANCE: Mr. Kumarjit Banerjee, Adv. Ms. Sanchari Chakraborty, Adv. Ms. Akansha Chowdhury, Adv. Ms. Sayani Barman, Adv. ..for the petitioner. Mr. Ratul Das, Adv. Mr. Sarbajit Mukherjee, Adv. Mr. Shivam Pathak, Adv. Mr. Kamran Hussain, Adv. ..for the respondent.
The Court:-The petitioner has preferred the present application under Section 29A of the Arbitration and Conciliation Act, 1996 seeking extension of the mandate of the arbitral tribunal for conclusionof the arbitral proceedings and publication of the arbitral award. This Court vide order dated 16.03.2023 had appointed the sole arbitrator to adjudicate the disputes between the parties. The pleadings were completed on 13.12.2023. Thereafter, with the consent of the parties, the mandate of the arbitral tribunal extended for a period of six months till
13.06.2025. This Court vide order dated 18.06.2025, extended the mandate of the arbitral tribunal for a further period of six months till 18thDecember,
2025.
2
Learned counsel for the petitioner submits that the matter is presently at the stage of final arguments.
Learned counsel for the respondent states that he has no objection to the extension of the mandate of the arbitral tribunal. Upon consideration of the submissions of the parties and the materials placed on record, this Court is satisfied that there has been no undue or unwarranted delay on the part of the learned sole arbitrator in conducting the proceedings. Having regard to the advanced stage of the proceedings and in the interest of justice, the mandate of the arbitral tribunal is hereby extended for a further period of six months from today. Learned sole arbitrator is requested to make all endeavours to conclude the proceedings and publish the award within the extended period. With the above observations, the present applicationstands disposed of.
(GAURANG KANTH, J.) Arsad