Delhi High Court | Petition for extension of Arbitral Tribunal’s mandate non-maintainable once Award is delivered and challenged; Tribunal becomes ‘functus officio’
The petitioner sought to be a fence sitter and waited for the Award to be passed and thereafter filed the present petition after a lapse of more than 9 months. In the meantime, the respondent already filed a petition under Section 34, and the Award has already been stayed on this aspect.