Bombay High Court Dismisses Petition Challenging Arbitral Award as Time-Barred Under Section 34(3) of Arbitration and Conciliation Act, 1996. Limitation period for filing petition under Section 34 runs from date of receipt of award, and application under Section 33 does not extend limitation if not made within prescribed period....
The applicant, Schokhi Industrials Pvt. Ltd., filed a petition under Section 34 of the Arbitration and Conciliation Act, 1996 challenging an arbitral award passed by the Arbitral Tribunal. The award w...
