SREI EQUIPMENT FINANCE LIMITED v. MRS. Y. S. SUNITA REDDY AND ORS.
AP-COM/767/2026 · 2026-09-21
Gaurang Kanth
body2026
DailyLaw.ai
[ 2026 DAILYLAW 43623 (CAL) · dailylaw.ai ]
DailyLaw.ai
[ 2026 DAILYLAW 43623 (CAL) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
OCD-19
ORDER SHEET
IN THE HIGH COURT AT CALCUTTA COMMERCIAL DIVISION ORIGINAL SIDE
AP-COM/767/2026
SREI EQUIPMENT FINANCE LIMITED VS MRS. Y. S. SUNITA REDDY AND ORS.
BEFORE:
The Hon’ble JUSTICE GAURANG KANTH Date : 21st September, 2026.
Appearance: Mr. Sariful Haque, Adv. Mr. Subhankar Chakraborty, Adv. Ms. Harshita Nath, Adv. ..for the petitioner
Mr. Prithwish Roy Chowdhury, 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 15th May, 2023 had appointed the Learned Sole Arbitrator to adjudicate the disputes between the parties. The pleadings were completed on 18th March, 2025. With the consent of the parties, the mandate of the
2 Arbitral Tribunal was extended for a period of six months till 18th September, 2025.
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. Keeping in mind 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 ten months from the date of communication of this order. 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.