Advertisement
Advertisement
Skip to content
Follow Us on
Advertisement
TOP STORIES
Corporate Law

Section 29A Mandate Can Be Extended Even After Award – Late Award Is Unenforceable, Not Void

Case Law Details

Case Name
C. Velusamy Vs K Indhera (Supreme Court of India)
Date of Judgement/Order
Only available for paid members
Advertisement
C. Velusamy Vs K Indhera (Supreme Court of India) The Supreme Court of India has authoritatively held that an application u/s 29A(5) of the Arbitration & Conciliation Act, 1996 is maintainable even after expiry of the 12+6 month period and even after an arbitral award is rendered in the interregnum. Passing of an award after expiry of the tribunal’s mandate does not denude the Court of power to extend time; such an award is unenforceable u/s 36 (non est for enforcement), but not a jurisdictional nullity that forecloses extension. Interpreting s.29A purposively, the Court emphasized Parli...
This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Advertisement

Author Info

CA Vijayakumar Shetty
Qualification: CA in Practice
Company: Shetty & Co, Chartered Accountants, Mangalore
Location: Mangalore, Karnataka
Articles Published: 5,510

Join TaxGuru's Network for the latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Reply

Your email address will not be published. Required fields are marked *