CIRP and subsequent jurisdictional proceedings constitute sufficient cause: Bombay HC extends SAP India’s Arbitral Tribunal mandate by one year
The High Court held that the delay in completion of the arbitral proceedings could not be attributed to any deliberate, wilful or negligent default on the part of the petitioner or the tribunal and that sufficient cause had been made out for extension of the mandate under Section 29-A (5), Arbitration Act.

