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As per case facts, a company petitioned the court to extend the time limit for an arbitrator to finish proceedings and pass an award. The delay was caused by the
...other party’s late filings and the complexity of the case. The question arose whether there was "sufficient cause" to grant an extension and keep the arbitration mandate alive. Finally, the High Court granted a one-year extension, finding that the delay was not unreasonable and was explained by the circumstances. The court emphasized that ending the arbitration now would waste the significant time and resources already spent by both parties and the arbitrator, and it directed the proceedings to be finished quickly.
Bench
Applied Acts & Sections
Section 11
–The Arbitration And Conciliation Act, 1996
Section 23
–The Arbitration And Conciliation Act, 1996
Section 29A
–The Arbitration And Conciliation Act, 1996
Legal Notes
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