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2026 DAILYLAW 29751 (CAL)

Srei Equipment Finance Limited v. SEIRRA INFRAVENTURE PRIVATE LIMITED

AP-COM/541/2026 · 2026-07-22

Gaurang Kanth

body2026

Judgment text

Extracted from the PDF above. The PDF is authoritative.

OCD-8 ORDER SHEET IN THE HIGH COURT AT CALCUTTA COMMERCIAL DIVISION ORIGINAL SIDE AP-COM/541/2026 Srei Equipment Finance Limited VS SEIRRA INFRAVENTURE PRIVATE LIMITED BEFORE: The Hon’ble JUSTICE GAURANG KANTH Date : 22nd July, 2026. Appearance: Mr. Rajib Mullick, Adv. Mr. Sariful Haque, Adv. Ms. Sonia Mukherjee, Adv. …for the petitioner Ms. Kishwar Rahman, Adv. Ms. Divya Tekriwal, Adv. …for the respondent The Court: The petitioner has preferred the present petition under Section 29A(4) of the Arbitration and Conciliation Act, 1996, seeking extension of the mandate of the Arbitral Tribunal for completion of the arbitral proceedings and publication of the arbitral award. This Court vide order dated 13.11.2024 had appointed the substitute Arbitrator to adjudicate the disputes between the parties. The pleadings were completed and with the consent of the parties, the mandate of the Arbitral Tribunal was extended till 06.07.2026. Learned Counsel for the petitioner states that claimant’s witness is in progress. 2 Learned Counsel for the respondent states that she has no objection to the extension of the mandate of the Arbitral Tribunal. Upon consideration of the submissions of both the parties and the materials placed on record, this Court is satisfied that there has been no undue or unwarranted delay on the part of the learned sole Arbitrator in conducting the proceedings. Having regard to the advanced stage of the proceedings and in the interest of justice, the mandate of the learned sole Arbitrator 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 petition stands disposed of. (GAURANG KANTH, J.) R.Bhar