C. Velusamy v. K Indhera
Supreme Court of IndiaSupreme Court of India, 2026, February judgment reference 105Bench: PS Narasimha; Atul S
In a notable development, the Supreme Court (February 3) held that where an arbitral award is rendered beyond the statutory period prescribed under Section 29A, such an award, though rendered after the tribunal's mandate has technically terminated, can be given effect if an application is filed before the competent court under Section 29A seeking extension of the arbitral tribunal's mandate.