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2026 DAILYLAW 3352 (CAL)

KHAGRA JOYDEV RESOURCES PRIVATE LIMITED v. DAMODAR VALLEY CORPORATION

AP-COM/218/2026 · 2026-03-31

Gaurang Kanth

body2026

Judgment text

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OCD-12 ORDER SHEET IN THE HIGH COURT AT CALCUTTA COMMERCIAL DIVISION ORIGINAL SIDE AP-COM/218/2026 KHAGRA JOYDEV RESOURCES PRIVATE LIMITED VS DAMODAR VALLEY CORPORATION BEFORE: The Hon’ble JUSTICE GAURANG KANTH Date : 31st March, 2026. Appearance Mr. Shounak Mukhopadhyay, Adv. Mr. S. Choudhury, Adv. Mr. A. Poddar, Adv. …for the petitioner Mr. Pradip Tarafdar, Sr. Adv. Mr. Subir Pal, Adv. …for the respondent The Court: The petitioner has preferred the present petition 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 Counsel for the petitioner submits that this Court vide order dated 12.05.2023 had appointed a learned sole arbitrator to adjudicate the disputes between the parties. The pleadings were completed on 18.10.2023. This Court on earlier two occasions i.e., vide orders dated 29.04.2025 and 22.09.2025 extended the mandate of the arbitral tribunal by six months each for publication of the award as arguments were completed on 17.11.2024. However, despite two extensions, the award has not yet been furnished. Learned Counsel for the respondents states that he has no objection to the extension of the mandate of the arbitral tribunal. 2 Upon consideration of the advanced stage of the present arbitral proceedings, this Court is granting further extension of two months to the learned Sole Arbitrator to publish the award. The learned 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.) S. Mandi