Authority: Supreme Court of India

Order Date: 17-07-2026

Case Overview

  • Petitioners: Tata Power Company Limited; Respondents: Genesis Engineering Company.
  • The application (IA No.13330/2026) sought condonation of delay and an extension of time under Section 29A(4)&(5) of the Arbitration and Conciliation Act, 1996 for the arbitral tribunal to render its award.
  • Both parties informed the Court that they have reached an amicable settlement; the respondent’s counsel did not oppose the extension.
  • The matter was heard before Hon’ble Mr. Justice Satish Chandra Sharma and Hon’ble Mr. Justice Nongmeikapam Kotiswar Singh.

Final Outcome

  • The Court condoned the delay and allowed the application.
  • Granted a further period of 12 months from 17‑07‑2026 for the arbitral tribunal to pass the award.
  • IA No.13330/2025 and the miscellaneous application were disposed of by the Court on the same day.

Topics: Arbitration Extension, Corporate Dispute