Calcutta High Court
AP-COM/733/2026 of M/S UGRO CAPITAL LIMITED Vs VALLABH METAL INDUSTRIES AND ANR. on 21 September 2026
IN THE HIGH COURT AT CALCUTTA COMMERCIAL DIVISION ORIGINAL SIDE AP-COM/733/2026 M/S UGRO CAPITAL LIMITED VS VALLABH METAL INDUSTRIES AND ANR. BEFORE: The Hon’ble JUSTICE GAURANG KANTH Date : 21st September, 2026. Appearance: Mr. Rohit Banerjee, Adv. Mr. K. K. Pandey, Adv. Ms. Sonia
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OCD-14 ORDER SHEET
IN THE HIGH COURT AT CALCUTTA COMMERCIAL DIVISION ORIGINAL SIDE
AP-COM/733/2026
M/S UGRO CAPITAL LIMITED VS VALLABH METAL INDUSTRIES AND ANR.
BEFORE: The Hon’ble JUSTICE GAURANG KANTH Date : 21st September, 2026.
Appearance: Mr. Rohit Banerjee, Adv. Mr. K. K. Pandey, Adv. Ms. Sonia Nandy, Adv. Ms. Mallika Bothra, Adv. ..for the petitioner
Mr. Aniruddha Bhattacharya, Adv. Mr. Arnab Roy, Adv. Mr. Monsij Chakraborty, Adv. ..for the respondents
The Court: Affidavit of service is taken on record. The petitioner has preferred the present petition under Section 29A of the Arbitration and Conciliation Act, 1996, seeking extension of the mandate of the Arbitral Tribunal for completion of the arbitral proceedings and publication of the arbitral award. Learned Counsel for the petitioner, Mr. Banerjee submits that this Court vide order dated 22th December, 2022 appointed the Learned Sole Arbitrator to adjudicate the disputes between the parties. The pleadings were completed and thereafter both parties consented to the extension of the
2 mandate of the Arbitral Tribunal for a period of six months. Thereafter, this Court vide order dated 11th March, 2026 extended the mandate of the Arbitral Tribunal for a further period of six months. He states that the mandate has expired on 11th September, 2026. Learned Counsel for the petitioner states that the matter is at the stage of final arguments. Learned Counsel for the respondent states that he has no objection to the extension of the mandate of the Arbitral Tribunal. Upon consideration of the submissions of learned Counsel for the parties and the materials placed on record, this Court is satisfied that there has been no undue or unwarranted delay on the part of the learned sole Arbitrator in conducting the proceedings. Having regard to the advanced stage of the arbitral proceedings and in the interest of justice, the mandate of the learned Arbitral Tribunal is extended for a further period of six months from the date of communication of this order. The learned sole Arbitrator is requested to make all reasonable endeavours to conclude the proceedings and publish the arbitral award within the extended time period. With the aforesaid directions, the present petition stands disposed of.
(GAURANG KANTH, J.)
bp.