Extracted from the PDF above. The PDF is authoritative.
ARB-226-2025 1
IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH
ARB-226-2025 Date of Decision: 01.04.2025 Trident Ltd.
......Petitioner(s) Versus Gurulaxmi Cottex Pvt. Ltd.
....Respondent(s)
CORAM: HON'BLE MR. JUSTICE JAGMOHAN BANSAL Present: Mr. Rupali S. Verma, Advocate (appearing through Video conferencing) for Mr. Shekhar Verma, Advocate, for the applicant. Ms. Ragini Swami, Advocate, for the respondent (appearing through video conferencing).
JAGMOHAN BANSAL, J. (Oral)
1.
Through instant application under Section 29A of the Arbitration and Conciliation Act, 1996 (for short ‘1996 Act’), the applicant is seeking extension of mandate of Arbitrator.
2.
The applicant preferred an application under Section 11(6) of 1996 Act seeking appointment of an Arbitrator. By order dated 03.03.2023 (Annexure P-1) of this Court, a Sole Arbitrator was appointed to adjudicate the dispute between the parties. Both the parties appeared before the Arbitrator and filed their claims/counter claims. The mandate of Arbitrator in terms of Section 29A of 1996 Act has expired on 20.03.2025. Shivani Gupta 2025.04.04 15:55
ARB-226-2025 2
3.
Learned counsel for the applicant submits that Arbitrator was appointed by this Court, thus, this Court can extend mandate of Arbitrator. Matter is at the stage of arguments.
4.
Ms. Ragini Swami, Advocate who on advance notice is present on behalf of the respondent, does not dispute the afore-stated factual and legal position as well prayer.
5.
In the wake of statement of both sides, the present application is allowed and the mandate of Arbitrator is extended for a period of 3 months from
20.03.2025. 01.04.2025
(JAGMOHAN BANSAL) shivani
JUDGE
Whether reasoned/speaking
Yes Whether reportable
No
Shivani Gupta 2025.04.04 15:55