Appointing High Court Has Power To Extend Arbitrator's Mandate U/s 29A, Court Reiterates Settled Position Till Larger Bench Decides Issue: Allahabad High Court

In a recent judgment delivered by the High Court, Justice Shekhar B. Saraf provided significant clarity on the application of Section 29A of the Arbitration and Conciliation Act, 1996, emphasizing the importance of judicial discipline and adherence to legal precedent. The judgment addresses the issue of conflicting decisions from coequal benches and their impact on judicial proceedings, specifically in the context of arbitration. Judicial Discipline and Precedent The court highlighted…