Rohan Builders (India) Private Limited vs Berger Paints India Limited
Court
NCLAT
Date of Judgement:
September 12, 2024
Citation:
Neutral: 2024 INSC 686
Category:
Section 29A - Extension of time
Facts:
Findings:
October 8, 2024
Section 34
Delhi High Court: Parties should be supplied with all materials submitted to the AT, opportunity should be given to respond to such materials. Arbitrator's act of not supplying materials and denying opportunity to respond violates Section 18 of the A&C Act. Arbitral Award set aside.
Flfl Travel Retail Lucknow Private vs Airports Authority Of India & Anr.
Delhi High Court
September 12, 2024
Section 29A - Extension of time
Supreme Court: Application for extension of the time period for passing an arbitral award - maintainable even after the expiry of the twelve-month or the extended six-month period, as the case may be. While adjudicating such Applications, Courts to be guided by "Principle of sufficient cause" as elaborated in the Judgement.
Rohan Builders (India) Private Limited vs Berger Paints India Limited
Supreme Court of India
Ratio
Supreme Court: An application for extension of the time period for passing an arbitral award under Section 29A(4) read with Section 29A(5) is maintainable even after the expiry of the twelve-month or the extended six-month period, as the case may be. The court while adjudicating such extension applications will be guided by the principle of sufficient cause and observations made in the judgment.