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2026 DAILYLAW 43130 (CAL)

PREMCO GPT JV AND OTHERS v. UNION OF INDIA AND ANOTHER

AP-COM/753/2026 · 2026-09-21

Gaurang Kanth

body2026

Judgment text

Extracted from the PDF above. The PDF is authoritative.

OCD-17 ORDER SHEET IN THE HIGH COURT AT CALCUTTA COMMERCIAL DIVISION ORIGINAL SIDE AP-COM/753/2026 PREMCO GPT JV AND OTHERS VS UNION OF INDIA AND ANOTHER BEFORE: The Hon’ble JUSTICE GAURANG KANTH Date : 21st September, 2026. Appearance: Mr. Chayan Gupta, Adv. Ms. Kaushani Dey, Adv. Mr. Roshan Pathak, Adv. ..for the petitioner Ms. Aparna Banerjee, Adv. Mr. Srikumar Chakraborty, Adv. ..for the respondents 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. Learned Counsel for the petitioner submits that this Court vide order dated 19th January, 2023 had appointed the Learned Sole Arbitrator to adjudicate the disputes between the parties. With the consent of the parties, the mandate of the Arbitral Tribunal was extended for a period of six months till 21st November, 2025. Thereafter this Court vide order dated 30th 2 January, 2026 extended the mandate of the Arbitral Tribunal for a period of eight months. Learned Counsel for the petitioner submits that the matter is at the stage of final arguments. Learned Counsel for the respondents states that he has no objection to the extension of the mandate of the Arbitral Tribunal. Upon consideration of the submissions of learned Counsel for 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 arbitral proceedings and in the interest of justice, the mandate of the learned Arbitral Tribunal is extended for a further period of six months from today. The learned sole Arbitrator is requested to make all reasonable endeavours to conclude the proceedings and publish the arbitral award within the extended time period. With the aforesaid directions, the present petition stands disposed of. (GAURANG KANTH, J.) bp.