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2026 DAILYLAW 16165 (BOM)

SWASTIK REALTY PRIVATE LIMITED v. MULUND ANILESH CO-OPERATIVE HOUSING SOCIETY LIMITED

ARBP/449/2026 · 2026-10-07

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Judgment text

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1/2 9 ARBP-449-2026.DOC IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION ARBITRATION PETITION NO. 449 OF 2026 Swastik Realty Private Limited … Petitioner Vs. Mulund Anilesh Co-operative Housing Soc. Ltd. … Respondent _______ Ms. Apurva Manwani, Mr. Kartik Joshi i/b Wadia Ghandy and Co. for Petitioner. Ms. Bina R. Pai, Mr. Rishabh Shonbhag, Mr. Avdhut Patil, Ms. Sonika Gawade for Respondent. _______ CORAM : ARIF S. DOCTOR, J. DATE : 7 TH OCTOBER, 2026. P.C. 1. The present Petition has been filed under Section 29A of the Arbitration and Conciliation Act, 1996 for seeking extension of mandate of Arbitral Tribunal to complete the arbitration proceedings and publish its Award. 2. Ms. Manwani, learned counsel appearing for the Petitioner has informed me that this is the first extension which is sought for. Sairaj SAIRAJ SANJAY KARANDE Digitally signed by SAIRAJ SANJAY KARANDE Date: 2026.10.08 11:34:05 +0530 2/2 9 ARBP-449-2026.DOC 3. I am also informed that the arbitration proceedings are at the stage of cross-examination of Claimant's first witness. Therefore, I am satisfied that substantial progress has been made in the arbitration proceedings. 4. Learned counsel appearing for the Respondent has also not opposed the extension of time and therefore, in my view, sufficient cause is shown to grant extension of time. 5. The Arbitration Petition is allowed in terms of prayer clause (a) of the Petition. However, noting that period of one year has now been granted, the parties are directed to endeavor that arbitration proceedings are concluded within this extended time. 6. The extended time period shall commence from the date on which the copy of this order is uploaded on the website. (ARIF S. DOCTOR, J.) Sairaj