Court can extend arbitration mandate even after 180-day period under Section 29A expires: Bombay High Court

No purpose would be served in holding that an application for extension of the arbitrator's mandate cannot be entertained only because it was filed after the expiry of the mandate, the Court opined.
Bombay High Court
Bombay High Court

The Bombay High Court recently held that applications under Section 29A of the Arbitration Act to extend the time to complete the arbitration beyond the statutory limit can be entertained even after such period has expired [Nikhil Malkan & Ors v. Standard Chartered Investment and Loans (India) Ltd].

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