Prosoll Law’s Post

The Supreme Court of India Bench, comprising Justice Pamidighantam Sri Narasimha and Justice Sandeep Mehta, allowed an appeal under Section 29A(4) of the Arbitration and Conciliation Act, 1996. The Court found "sufficient cause" to extend the arbitral tribunal's mandate despite delays caused by the COVID-19 pandemic. Rejecting the Gujarat High Court’s earlier dismissal, the Supreme Court extended the time for making the award to December 31, 2024, emphasizing that efficiency in arbitration should facilitate effective dispute resolution. 𝐑𝐞𝐚𝐝 𝐭𝐡𝐞 𝐟𝐮𝐥𝐥 𝐣𝐮𝐝𝐠𝐞𝐦𝐞𝐧𝐭 𝐛𝐞𝐥𝐨𝐰 𝐟𝐨𝐫 𝐝𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐢𝐧𝐬𝐢𝐠𝐡𝐭𝐬. #legaljudgment #supremecourt #disputeresolution #arbitration #arbitrationact #arbitraltribunal #legaldispute #prosolllaw

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