M/s.Soundaraja Mills Ltd. v. M/s.Nimbark Fashions Limited
A/5791/2025 · 2025-11-28
N Anand Venkatesh
Transfer Petitionbody2025
DailyLaw.ai
[ 2025 DAILYLAW 193434 (MAD) · dailylaw.ai ]
DailyLaw.ai
[ 2025 DAILYLAW 193434 (MAD) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
A No. 5791 of 2025 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 28-11-2025 CORAM THE HONOURABLE MR JUSTICE N. ANAND VENKATESH A No. 5791 of 2025 M/s.Soundaraja Mills Ltd., Rep by its M.D.Mr.Kiran Ranjit Soundarrajan, Soundarraja Buildings, G.T.N.Salai, Dindigul - 624 005. Applicant(s) Vs M/s.Nimbark Fashions Limited Rep by its Authorised Signatory, Mr.Manish Bang, No.1006, Windfall, Sahar Plaza, J.B.Nagar, Andheri kurla road, Andheri East, Mumbai - 400 059. Respondent(s) PRAYER To grant extension of mandate of Arbitration pending before the learned Arbitrator in respect of dispute which arose out of the BUY BACK Agreement dated 01.07.2021 between the Application and the Respondents herein for a further period of 6 months from the date of order. For Applicant(s): Mr.R.Swarnavel https://www.mhc.tn.gov.in/judis
A No. 5791 of 2025 For Respondent: Ms.R.Madumitha ORDER This application has been filed under Section 29A of the Arbitration and Conciliation Act, 1996 seeking for extension of the mandate of the Arbitral Tribunal to complete the arbitration proceedings.
2. Heard both sides.
3. It is brought to the notice of this Court that the arbitral proceedings are at the stage of arguments. Hence, considering the submissions made on either side, this Court is inclined to extend the mandate of the Arbitral Tribunal for a period of three months from today.
4. This application is disposed of in the above terms. 28-11-2025 https://www.mhc.tn.gov.in/judis
A No. 5791 of 2025 ss https://www.mhc.tn.gov.in/judis
A No. 5791 of 2025 N.ANAND VENKATESH J. ss A No. 5791 of 2025
28-11-2025 https://www.mhc.tn.gov.in/judis