Can an Arbitral Tribunal’s Mandate be Extended Post Award?

Introduction of Section 29A to the Arbitration and Conciliation Act, 1996 (the “Act”), by way of an amendment in 2015, marked a significant event in the arbitration regime in India. It recognised the sluggishness that had crept into arbitration proceedings and provided for strict timelines for making of an award. The section was further amended in 2019, pursuant to recommendations of Justice B N Srikrishna committee.Continue Reading Can an Arbitral Tribunal’s Mandate be Extended Post Award?