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2026 DAILYLAW 53970 (MAD)

Ms Promac Engineering Industries Limited v. Ms Tamilnadu Newsprint Papers Limited TNPL

A/3087/2026 · 2026-07-22

K Kumaresh Babu

Transfer Petitionbody2026

Judgment text

Extracted from the PDF above. The PDF is authoritative.

A No. 3087 of 2026 __________ Page1 of 3 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 22-07-2026 CORAM THE HON'BLE MR.JUSTICE K.KUMARESH BABU A No. 3087 of 2026 M/s.Promac Engineering Industries Limited Represented by its Director(Finance), Mr.J.U. Srinivasan, Kanakapura Road, Alahalli, Anjanapura Post, Bangalore 560108 ..Applicant(s) Vs M/s. Tamilnadu Newsprint & Papers Limited TNPL, Rep.by its Executive Director, No.67, Mount Road, Guindy, Chennai-600032 ..Respondent(s) Judge’s Summons filed under Order XIV Rule 8 of O.S. Rules, read with Section 29A of Arbitration and Conciliation Act, 1996, praying to extend the mandate of the Hon’ble Arbitral Tribunal, comprising the Sole Arbitrator for a further period of one year from 09.07.2026, to enable the completion of the arbitration proceedings and the making and publishing of the Arbitral Award. For Applicant(s): Mr.S Sathyanarayanan For Respondent(s): Mr.V.M.Shivakumar ORDER The present application has been filed to extend the mandate of the Hon’ble Arbitral Tribunal, comprising the Sole Arbitrator for a further period of one year from 09.07.2026, to enable the completion of the arbitration proceedings and the making and publishing of the Arbitral Award. https://www.mhc.tn.gov.in/judis A No. 3087 of 2026 __________ Page2 of 3 2. Mr.V.M.Shivakumar, learned counsel, accepts notice for the respondent and has no objection to extend the mandate. 3. Considering the stage on which the arbitral proceedings are at, this Court is inclined to extend the mandate for a further period of one (1) year from the date of receipt of a copy of this order. The learned Arbitrator is requested to complete the proceedings and pass an Award within the said period and the respective parties are also directed to co-operate with the learned Arbitrator. 4. This application is disposed of in the above terms. 22-07-2026 Index: Yes/No Speaking/Non-speaking order Neutral Citation: Yes/No kak To The Executive Director, M/s. Tamilnadu Newsprint & Papers Limited TNPL, No.67, Mount Road, Guindy, Chennai-600 032. https://www.mhc.tn.gov.in/judis A No. 3087 of 2026 __________ Page3 of 3 K.KUMARESH BABU, J. kak A No. 3087 of 2026 22-07-2026 https://www.mhc.tn.gov.in/judis