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Supreme Court Clarifies Scope of Section 29A(4) of Arbitration and Conciliation Act: “Courts Have the Discretion to Extend Arbitral Mandates Post-Expiry, Provided Sufficient Cause Is Shown”
Court’s Decision The Supreme Court ruled that under Section 29A(4) of the Arbitration and Conciliation Act, 1996, an application to extend the mandate of an arbitral tribunal can be filed…