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2025 DAILYLAW 95537 (PNJ)

GATEWAY DISTRIPARKS LIMITED v. PUNJAB STATE CONTAINER AND WAREHOUSING CORPORATION LIMITED

ARB/516/2025 · 2025-09-08

Jasgurpreet Singh Puri

body2025

Judgment text

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ARB-516-2025 -1- 109 IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH ARB-516-2025 Date of decision: 08.09.2025 GATEWAY DISTRIPARKS LIMITED ...Petitioner(s) VERSUS PUNJAB STATE CONTAINER AND WAREHOUSING CORPORATION LIMITED ...Respondent(s) CORAM: HON'BLE MR. JUSTICE JASGURPREET SINGH PURI Present:- Mr. Vipul Joshi, Advocate for the petitioner. Mr. Gurnoor Sandhu, Advocate for the respondent. **** JASGURPREET SINGH PURI, J. (Oral) 1. The present is a second petition filed under Section 29A (4) of the Arbitration and Conciliation Act, 1996, seeking extension of the mandate of the learned Arbitral Tribunal. 2. Learned counsels for the parties have jointly submitted that after the expiry of one year, the time for passing the award was further extended for a period of six months with the consent of the learned counsels for the parties and subsequently, on an application filed by the petitioner for extension, the time was further extended for a period of six months by this Court. They further submitted that the arguments on behalf of both parties have now been concluded and the learned Arbitral Tribunal has reserved the award on 07.07.2025 and a request has been made for a further extension of three months to enable the learned Arbitral Tribunal to pronounce the award. CHETAN THAKUR 2025.09.08 17:37 I attest to the accuracy and authenticity of this order/judgment. ARB-516-2025 -2- 3. Learned counsels for the parties have also referred to the various orders passed by the learned Arbitral Tribunal. 4. Considering the aforesaid facts and circumstances and in view of the fact that the arguments on behalf of both the parties have now been concluded before the learned Arbitral Tribunal and the award has been reserved, this Court deems it fit and proper to grant a further extension of three months to the learned Arbitral Tribunal for pronouncement of the award. 5. Consequently, the present petition is allowed. The mandate of the learned Arbitral Tribunal is hereby extended for a further period of three months with effect from 30.08.2025. (JASGURPREET SINGH PURI) 08.09.2025 JUDGE Chetan Thakur Whether speaking/reasoned : Yes/No Whether reportable : Yes/No CHETAN THAKUR 2025.09.08 17:37 I attest to the accuracy and authenticity of this order/judgment.