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2026 DAILYLAW 23964 (CAL)

SREI EQUIPMENT FINANCE LIMITED v. ECOGREEN ENVIROTECH SOLUTIONS LIMITED AND ANR

AP-COM/338/2026 · 2026-06-17

Gaurang Kanth

Transfer Petitionbody2026

Judgment text

Extracted from the PDF above. The PDF is authoritative.

OCD-11 ORDER SHEET IN THE HIGH COURT AT CALCUTTA (COMMERCIAL DIVISION) ORIGINAL SIDE AP-COM/338/2026 SREI EQUIPMENT FINANCE LIMITED VS ECOGREEN ENVIROTECH SOLUTIONS LIMITED AND ANR BEFORE: The Hon’ble JUSTICE GAURANG KANTH Date : 17th June, 2026. Appearance Mr. Swatarup Banerjee, Adv. Mr. Rajib Mullick, Adv. Ms. Shirsha Chakraborty, Adv. ...for the petitioner Mr. Utpal Bose, Sr. Adv. Ms. Hasnuhana Chakraborty, Adv. Ms. Neelina Chatterjee, Adv. Ms. Bidisha Mallick, Adv. ...for the respondents The Court: The petitioner has filed the present application under Section 29A of the Arbitration and Conciliation Act, 1996 seeking extension of the mandate of the arbitral tribunal for conclusion of the arbitral proceedings and publication of the arbitral award. Learned Senior Counsel for the petitioner submits that this Court vide order dated 19.07.2022 had appointed a sole arbitrator to adjudicate the disputes between the parties. The mandate of the arbitral tribunal was extended with the consent of the parties for a period of six months on 30.08.2023. Learned Counsel for the petitioner further submits that this Court vide order dated 10.04.2024 and 01.05.2025 extended the mandate of the Arbitral Tribunal respectively each for a period of one year. Learned Counsel for the respondents submits that he has no objection to the extension of the mandate of the arbitral tribunal. 2 Upon consideration of the submissions advanced by the learned Counsel for the parties and the materials placed on record, this Court is satisfied that there has been no undue and unwarranted delay on the part of the learned sole arbitrator in concluding the proceedings. Having regard to the advanced stage of the proceedings and in the interest of justice, the mandate of the arbitral tribunal is extended further for a period of eight months from today. The learned sole arbitrator is requested to make all reasonable endeavours to conclude the arbitral proceedings and publish the arbitral award within the extended time period. With the aforesaid observations, the present application stands disposed of. (GAURANG KANTH, J.) S. Mandi AR(CR)