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2026 DAILYLAW 43108 (CAL)

ARSS-TRIVENI (JV) v. DAMODAR VALLEY CORPORATION AND ANR.

AP-COM/692/2026 · 2026-09-21

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/692/2026 ARSS-TRIVENI (JV) VS DAMODAR VALLEY CORPORATION AND ANR. BEFORE: The Hon’ble JUSTICE GAURANG KANTH Date : 21st September, 2026. Appearance: Mr. Siddharth Dwivedi, Adv. (VC) Md. Dilawar Khan, Adv. Mr. Anuj Chakraborty, Adv. …for the petitioner Mr. Sayak Ranjan Ganguly, Adv. Ms. Srijani Ghosh, Adv. …for respondent no.1 The Court: Affidavit of service is taken on record. 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 completion of the arbitral proceedings and publication of the arbitral award. The parties had mutually constituted the Arbitral Tribunal in accordance with the arbitration clause and the Tribunal had held its first meeting on 04.06.2021. The pleadings were completed in the year 2022. With the consent of the parties, the mandate of the Arbitral Tribunal was extended for a period of six months till 04.09.2023. Thereafter, this Court vide orders dated 30.08.2023, 01.04.2024, 28.01.2025 and 30.07.2025 had 2 extended the mandate of the Arbitral Tribunal for a period of six months, eight months, six months and one year respectively. At this stage, one of the members of the Arbitral Tribunal expired on 09.05.2026. The parties thereafter reconstituted the Arbitral Tribunal and learned Counsel for the parties submit that the matter is at the stage of final arguments. They further state that more than 80 hearings have been conducted. Learned Counsel for the respondent no.1 states that she has no objection to the extension of the mandate of the Arbitral Tribunal. Upon consideration of the submissions of the learned Counsel for 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 Arbitral Tribunal in conducting 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 Arbitral Tribunal 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