Reckoning date for computing 12 or 18 months under Sedion 29 A is date on which Arbitral Tribunal entered upon Reference upto 29.8.2019 and it is date of completion of pleadings on and from 30.08.2019

Citation

2021 (4) CTC 67 (Mad)

IN THE HIGH COURT OF MADRAS

M. Sundar, J.

A. No. 9007 of 2019.

February 04, 2020

G.N. Pandian.                ...Applicant

...Vs...

S. Vasudevan, Managing Director, Ozone Projects Private Ltd. and Others ...Respondent

Arbitration and Conciliation Act, 1996 (26 of 1996), Section 29 A-Arbitration and Conciliation (Amendment) Act, 2019 (33 of 2019), Sedion 6- Time limit for Arbitral Tribunal to pass Award Reckoning/commencement of Prior to 2019 Amendment of Section 29 A, viz. upto to 29.8.2019, Award to be made within twelve months from date, when Arbitral Tribunal enters upon Reference Post-2019 Amendment, on and from 30.8.2019, Award to be made within twelve months from date of completion of pleadings within meaning of Station 23(4) of Act Held, reckoning date for computing 12 or 18 months under Sedion 29 A is date on which Arbitral Tribunal entered upon Reference upto 29.8.2019 and it is date of completion of pleadings on and from 30.08.2019 Taking first sitting of Arbitral Tribunal as reckoning date, incorrect Time limit for Arbitrator to make Award, extended.