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2026 DAILYLAW 10715 (MAD)

Jaiprakash Associates Limited v. Ultratech Cement Limited

A/1644/2026 · 2026-04-21

Senthilkumar Ramamoorthy

Transfer Petitionbody2026

Judgment text

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A No. 1644 of 2026 __________ Page1 of 2 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 21.04.2026 CORAM THE HON'BLE MR JUSTICE SENTHILKUMAR RAMAMOORTHY A No. 1644 of 2026 Jaiprakash Associates Limited Represented by its Authorised Signatory Som Nath Grover, Sector 128, Noida, Uttar Pradesh - 201 304. ..Applicant Vs Ultratech Cement Limited 2nd floor, Ahura Centre, B-Wing, Mahakali Caves Road, Andheri, Mumbai - 400 093 ..Respondent Application filed under Order XIV Rule 8 of O.S. Rules r/w Section 29A(5) of The Arbitration and Conciliation Act, 1996 praying to extend the mandate of the Arbitral Tribunal by 6(six) months from the date of disposal of the present Application by this Court and extend the period of making the award in the arbitration proceedings between the Applicant and the Respondent with effect from 20.03.2026. For Applicant: Mr.Shlok Parekh for M/s.K.Harishankar For Respondent: Mr.Sam Mathew ORDER The claimant before the Arbitral Tribunal has applied for extension of the mandate of the Arbitral Tribunal. 2. Both learned counsel for the applicant/claimant and learned counsel for the respondent submit that the arbitral award was pronounced https://www.mhc.tn.gov.in/judis A No. 1644 of 2026 __________ Page2 of 2 SENTHILKUMAR RAMAMOORTHY, J. mmi on 25.03.2026 and that the mandate had expired on 20.03.2026. It is also submitted that the arbitral award has been implemented. 3. Considering the aforesaid, the mandate of the Arbitral Tribunal is extended by a period of three months from 20.03.2026. It is open to the parties to take necessary steps in accordance with the law laid down by the Hon'ble Supreme Court. The application is allowed on these terms. 21.04.2026 mmi A No. 1644 of 2026 https://www.mhc.tn.gov.in/judis