Court Has To Necessarily Extend Mandate Of The Arbitrator If No Ground For Its Substitution Is Made Out, No Need For A Separate Section 29A Application: Delhi High Court

In a recent ruling, the Delhi High Court, under Sections 14 and 15 of the Arbitration and Conciliation Act, 1996, extended the mandate of the arbitrator in the case involving Religare Finvest Limited and Widescreen Holdings Private Limited and others. The court's decision, delivered by Hon'ble Ms. Justice Neena Bansal Krishna, addressed crucial aspects of arbitration proceedings and the extension of mandates under the Act. The case stemmed from a…