Article
No Automatic Substitution On Mandate Expiry: Supreme Court Reins In Expansive Reading Of Section 29A(4) Of The Arbitration And Conciliation Act, 1996
Disputes arose between Viva Highways Limited ("Appellant"), Madhya Pradesh Road Development Corporation
Limited and National Highway Authority of India, which were referred to arbitration. During the pendency of the
arbitral proceedings, the statutory period prescribed under Section 29A of the Arbitration Act for making the arbitral award was nearing expiry.
JSA