Section 29a News Today

Speedy adjudicationis at the heart of arbitration. To achieve this objective which is innate to the very concept of arbitration, the legislature, through a series of amendments has introduced...

The High Court of Bombay has held that an arbitrators mandate would not terminate when the proceedings are not completed within timelines agreed by the parties, if the delays in the conduct of the...

A single judge has expressed disagreement with a 2023 opinion by another single judge who said that Allahabad High Court cannot entertain such applications since it does not have "ordinary original civil jurisdiction."

The National Company Law Appellate Tribunal (NCLAT) has ruled that former promoters and directors of a company undergoing insolvency are not automatically barred from submitting resolution plans. The decision came as NCLAT set aside an order from the Mumbai bench of the National Company Law Tribunal (NCLT) that invoked Section 29A of the Insolvency and Bankruptcy Code to restrict such individuals from submitting a resolution plan.

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.

The Kerala High Court recently held that the mandate of an arbitrator can be extended under Section 29A(4) of the Arbitration and Conciliation Act, 1996, even if the parties have not extended the...

The Calcutta High Court has held that once the arbitral proceedings have been commenced pursuant to reference under Section 21 of the Act, any delay in the conclusion/resumption of the such...