OREX PHARMA PRIVATE LIMITED v. ORIENTAL INSURANCE CO.LIMITED
Court: Bombay High Court
Bench: HON'BLE SHRI JUSTICE G.S. PATEL
Judgment date:
Case summary
Bombay High Court judgment dated 2020-12-15. OREX PHARMA PRIVATE LIMITED v. ORIENTAL INSURANCE CO.LIMITED. Read the judgment and case details on LawSphereX.
Judgment text
Shephali IN THE HIGH COURT OF JUDICATURE AT BOMBAY CIVIL APPELLATE JURISDICTION ARBITRATION PETITION NO. 11 OF 2020 Orx Pharma Pvt Ltd …Petitioner Versus Oriental Insurance Co Ltd …Respondent Ms Sharon Patole, for the Petitioner. Mr DS Joshi, for the Respondent. CORAM: G. S. PATEL, J (Through Video Conference) DATED: 15th December 2020 PC:- 1. Heard through video conferencing. 2. The petition is under Section 29-A of the Arbitration and Conciliation Act, 1996. 3. Disputes arose between the parties in relation to a Standard Fire and Special Perils Insurance Policy bearing No. Shephali Mormare 131501/11/2014/731. Digitally signed by Shephali Mormare Date: 2020. 12. 21 10:33:03 +0530 4. By an order dated 24th April 2018, this Hon’ble Court appointed Mr Rohit M. Gupta, learned Advocate of this Court, as the 15th December 2020 Sole Arbitrator. The learned Sole Arbitrator entered upon the reference. 5. The extended mandate of the learned Arbitrator ended on 25th October 2019.
The learned Arbitrator has framed the issues. Evidently, the arbitration process will need some more time. 6. In these circumstances, I will accordingly extend the arbitral mandate until 20th December 2021. 7. The Arbitration Petition is disposed of in these terms. No costs. 8. This order will be digitally signed by the Private Secretary of this Court. All concerned will act on production of a digitally signed copy of this order. (G. S. PATEL, J) Note: This order is modified as per order dated 18th December 2020 passed on a praecipe. 15th December 2020
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