Sri Goutam Mukherjee And Anr vs Bajaj Allianz Life Insurance Company … on 19 May, 2026

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    Calcutta High Court

    Sri Goutam Mukherjee And Anr vs Bajaj Allianz Life Insurance Company … on 19 May, 2026

    OD-4
    
                                   ORDER SHEET
    
                       IN THE HIGH COURT AT CALCUTTA
                     ORDINARY ORIGINAL CIVIL JURISDICTION
                                ORIGINAL SIDE
    
                                    AP/66/2026
    
                      SRI GOUTAM MUKHERJEE AND ANR
                                     VS
           BAJAJ ALLIANZ LIFE INSURANCE COMPANY LIMITED AND ANR
    
      BEFORE:
      The Hon'ble JUSTICE GAURANG KANTH
      Date : 19th May, 2026.
                                                                            Appearance
                                                              Mr. Amritam Mandal, Adv.
                                                                 Ms. Jeenia Rudra, Adv.
                                                                    ...for the petitioners
    
                                                          Mr. Dwaipayan Banerjee, Adv.
                                                           Ms. Mahima Mukherjee, Adv.
                                                                  ...for the respondents

    The Court: The petitioner has filed the present petition under Section

    29A of the Arbitration and Conciliation Act, 1996 seeking extension of the

    SPONSORED

    mandate of the Arbitral Tribunal for conclusion of the arbitral proceedings

    and publication of the arbitral award.

    Learned Counsel for the petitioner submits that this Court vide order

    dated 20.07.2017 had appointed Ms. Lapita Banerjee (as Her Ladyship then

    was) as the sole Arbitrator to adjudicate the disputes between the parties.

    The arbitral tribunal commenced and continued its proceeding till

    09.06.2022, whereafter the learned sole Arbitrator, after her elevation as a

    Judge of this Court withdrew from the office of the Arbitrator. Subsequently

    an application filed by the petitioner under Section 14 and 15 of the

    Arbitration and Conciliation Act, 1996, this Court vide order dated

    28.02.2024 appointed Ms. Panja Moulik as the learned sole Arbitrator to

    adjudicate the disputes between the parties. The pleadings were completed
    2

    on 05.09.2024. However, on 05.08.2025 the learned Arbitrator resigned

    from the Office. The petitioner again approached this Court under Section

    14 of the Arbitration and Conciliation Act, 1996. This Court vide order dated

    18.09.2025 appointed Mr. Ayan Banerjee as the sole Arbitrator.

    With the consent of the parties, the mandate of the arbitral tribunal

    was extended for a period of six months till 04.03.2026. The matter is at the

    stage of recording of evidence.

    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 the parties and the

    materials placed on record, this Court is satisfied that there has been no

    undue and unwarranted delay on the part of the learned sole Arbitrator in

    concluding the proceedings.

    Having regard to the advanced stage of the proceedings and in the

    interest of justice, the mandate of the arbitral tribunal is extended for a

    further period of eight months from today.

    The learned sole Arbitrator is requested to make all reasonable

    endeavours to conclude the arbitral proceedings and publish the arbitral

    award within the extended time period.

    With the aforesaid observations, the present petition stands disposed

    of.

    (GAURANG KANTH, J.)

    S. Mandi
    AR(CR)



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